UK power price cap will cut inflation peak by 5 points, Truss says

LONDON – A brand new worth cap on energy payments will minimize the height of inflation by as a lot as a 5 share factors, Britain’s new Prime Minister Liz Truss mentioned on Thursday.

“This intervention is anticipated to curb inflation by as much as 5 share factors, bringing a discount in the price of servicing authorities debt,” Truss informed parliament.

($1 = 0.8675 kilos)

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