When she announced her two-year energy price guarantee, Prime Minister Liz Truss decried the “decades of short-term thinking” that had left the UK facing an energy crisis.
Her long-term approach has lasted less than six weeks.
The chancellor Jeremy Hunt’s announcement on Monday that the ￡2,500 energy price guarantee for a typical household will end in April leaves the energy market in chaos, with total uncertainty about who will be supported, at what prices, or in what way come next spring.
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