The new prime minister Liz Truss has set out plans in the House of Commons to cap the average price of energy bills for households to £2,500 a year for two years from October, and for businesses for six months under a 'new energy price guarantee.'
This will also apply to other non-domestic energy users, including charities and public sector organisations like schools.
The business secretary will carry out a review after three months, and this may be extended for certain industries and vulnerable businesses
While the announcement would give early years settings ‘a little breathing space over the coming months’, Neil Leitch, CEO of the Early Years Alliance, said it would ‘do very little to ease their worries over the long-term.’
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