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Why the UK’s move to freeze energy bills signals a wider price-fixing trend
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fnlondon.comInvestors have spent years unlearning the lessons of Economics 101. Now, they may even need to accept that price controls have a place in the policy tool kit.
As Liz Truss on 6 September became the UK’s 56th prime minister, she all but confirmed that freezing energy bills will be her first big policy move. The yearly maximum that British suppliers are allowed to charge households is due to rise to £3,549, equivalent to $4,088, in October — an almost threefold increase from a year ago. The government’s plans are widely believed...
Read more on fnlondon.comAbout this in other media
Energy bills may rise if government gives Drax more support, say MPs theguardian.com /1 year ago
Liz Truss warned of mass bankruptcies if firms left in limbo over energy bills theguardian.com /1 year ago
The heat is on after Liz Truss’s extraordinary energy bill gamble theguardian.com /1 year ago
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