Ten Things You Need to Know Today: 26 August 2022

The Week’s daily digest of the news agenda, published at 8am

1. Truss plans energy support package

Liz Truss is planning a “big package” of support to help people with energy bills, said The Times. Ofgem, the energy regulator, is expected to announce today that the energy price cap will rise from £1,971 to about £3,500, and ministers were warned yesterday that the rise would leave millions of people unable to heat their homes or cook food. Truss is reportedly working on plans to provide billions of pounds in targeted support to pensioners and the poorest households but will face intense pressure to go further, as forecasts suggest bills could rise to £6,823 next year.

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