The Leader podcast: Liz Truss energy bills and tax blitz

Plus! The UK’s Kremlin gas connection and Johnson’s fiscal legacy
New Prime Minister Liz Truss outside 10 Downing Street (James Manning/PA)
PA Wire
WEST END FINAL

Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis

I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.

Boris Johnson has left Number 10 and Liz Truss is now Conservative Prime Minister after meeting the Queen at Balmoral.

As the new PM prepares an expected freeze on fuel bills and Russia tightens the screws on gas supply, what other economic challenges are on the horizon?

It comes as homes across the UK are digesting the news that the ongoing apparent fault with Nord Stream 1 Russia-to-Europe pipeline has sent wholesale gas prices up another 10 per cent.

Russia’s saying full operations will not start again until what the Kremlin calls sanctions by the “collective West” are lifted.

Now, the embryonic Truss government is preparing a package of measures reported to possibly total £100 billion to help UK households and business, but Labour says such a package won’t go far enough, and are repeating calls for even further measures, including a windfall tax on gas, energy and oil giants enjoying bumper profits.

To discuss future challenges on the horizon and Boris Johnson’s economic legacy, we’re joined by the Evening Standard’s political editor Nic Cecil at Parliament and Jonny Marshall, a senior economist at London’s Resolution Foundation.

Listen here or here:

You can find us on your Spotify Daily Drive or wherever you stream your podcasts.

Create a FREE account to continue reading

eros

Registration is a free and easy way to support our journalism.

Join our community where you can: comment on stories; sign up to newsletters; enter competitions and access content on our app.

Your email address

Must be at least 6 characters, include an upper and lower case character and a number

You must be at least 18 years old to create an account

* Required fields

Already have an account? SIGN IN

By clicking Create Account you confirm that your data has been entered correctly and you have read and agree to our Terms of use , Cookie policy and Privacy policy .

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged in