Kwarteng must rise to the challenge and tackle this energy crisis

By Fiona Duggan 2022-09-22T06:00:00

Tomorrow’s fiscal statement is an important test for the new government. Fiona Duggan wonders whether it will rise to the challenge of tackling the energy crisis

All eyes tomorrow will be on Kwasi Kwarteng’s mini-budget. It is expected that he will announce one of the biggest funding commitments since the Second World War, but will the spending plan deliver what the nation needs at this time of energy crisis and, importantly, show who will pay for it?

Two weeks ago, Liz Truss’s energy plan announcement bought the government time by capping the unit energy price for the next two years. This gave some – but not enough – relief to households worried about how to feed their families and pay their fuel bills this winter.

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