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Could the European Energy Crisis Become a Debt Crisis?

The Breakdown

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The New Prime Minister of the United Kingdom, Liz Trust

New prime minister, liz trust comes into truss has been elected leader of the conservative party. She defeated her rival, rishi sunoh, the former chancellor of the exchequer and the head of the u k Treasury by a little over 20 thousand votes. Under newly drafted plans, the government will freeze energy cost at the current rates. The price caps are projected to be in place for 18 months and are projected to cost 130 billion pounds. Critics point out that the plan removes any incentives to limit energy usage,. Also upset that there is no intent to tax energy companies as a way to help fund interventions.

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