The plan right here could be to freeze power payments on the present degree for this winter and the subsequent however the catch right here is that they’re to be paid for by government-backed loans to power supplieres. So, what is going on to occur subsequent? BBC stories that “these loans could be repaid over the subsequent 10 to twenty years by means of dietary supplements to buyer payments”. To chop brief, it’s households who must pay for them ultimately i.e. the associated fee is simply being unfold out as a substitute.
Truss’ scheme is claimed to probably value beween £100 to £130 billion.
