Department considers making policy announcement in autumn statement rather than waiting until spring
The Treasury is considering raising the energy cap from its current level of £2,500 from next April, with discussions in progress over whether to announce a new policy at next week’s autumn statement.
Two government sources said there was an active debate in the Treasury about announcing the level of support from April after Jeremy Hunt, the chancellor, cancelled Liz Truss’s plan to keep the current cap at £2,500 for a typical annual bill for two years.
Continue reading…
