Liz’s big bazooka or the Truss blunderbuss?

Energy Price Guarantee could be about to save you thousands of pounds, while loading that on to debt. It replaces the energy price cap, introduced four years ago to stop energy firms charging rip-off rates for those who can’t be bothered shopping around. As a billpayer, you win: as future taxpayers, the kids lose. The only option now is to hunker down for a tough winter. Wholesale gas prices have fallen by more than half, but for now, the really scary bit is over.

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