It’s cold outside | Sky announces £1,000 winter payment for 70% of its UK and Irish staff

Unlike her predecessor, new British PM Liz Truss has come in strong with a price cap on energy tariffs for all households – now capped at £2,500 annually, for the next two years.

The cap is not on energy companies’ tariff increases, it must be noted – it just means that the Government will pay any remaining shortfall. This still puts a monthly energy bill at £208 per month for every household: still prohibitively high, and likely to cripple those on the national minimum wage or who work part-time.

In addition and opposition to this price cap, however, Truss has made it clear in interviews and announcements that, despite the energy freeze costing the Government £150billion in tax income, she will not be granting tax relief to those who need it most.

In fact, her national insurance cuts will benefit Britain’s wealthiest households by 250 times more than the poorest – estimated, from her initial comments last week, to give tax relief of about £1,800 for the wealthiest households, and just £7 for the poorest.