{"id":63539,"date":"2022-09-18T07:21:54","date_gmt":"2022-09-18T12:21:54","guid":{"rendered":"https:\/\/olduvai.ca\/?p=63539"},"modified":"2022-09-18T07:21:54","modified_gmt":"2022-09-18T12:21:54","slug":"liz-truss-warned-of-mass-bankruptcies-if-firms-left-in-limbo-over-energy-bills","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=63539","title":{"rendered":"Liz Truss warned of mass bankruptcies if firms left in limbo over energy bills"},"content":{"rendered":"
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Liz Truss warned of mass bankruptcies if firms left in limbo over energy bills<\/a><\/h3>\n<\/div>\n<\/div>\n<\/div>\n
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Prime minister to lead nation in a minute\u2019s silence to honour the Queen\u2019s legacy ahead of funeral.<\/strong><\/p>\n<\/div>\n<\/div>\n

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Liz Truss is facing a political and economic baptism of fire this week with warnings of mass bankruptcies across the economy \u2013 even as the new prime minister prepares to lead the nation in a minute\u2019s silence on Sunday night to honour the Queen\u2019s legacy.<\/p>\n

Before the Queen\u2019s funeral at Westminster Abbey on Monday and her\u00a0burial at St George\u2019s Chapel in Windsor Castle<\/a>, Truss will appear on the steps of No 10 on Sunday night at 8pm as part of a final national \u201cmoment of reflection\u201d on the monarch\u2019s life and legacy.<\/p>\n

Downing Street is hoping that people will take part in their homes and on their doorsteps across the UK. Sailors, soldiers and air crews from the armed forces stationed overseas will also pause, including on ships and in bases, in what government officials believe could become a global event.<\/p>\n

But with the period of national mourning ending after the funeral, when Truss will fly to New York to\u00a0attend the UN general assembly<\/a>, and with MPs returning to Westminster on Wednesday or Thursday, the transition back to normal politics will be sudden and potentially bruising for a prime minister who had only been in office for two days before the Queen\u2019s death.<\/p>\n

On Saturday night, leading UK business organisations were renewing pressure on ministers for \u201cabsolute clarity\u201d on what help government would offer them with their energy bills and warning of dire consequences if they continued to be left in limbo over the level of support in the medium term.<\/p>\n

The new business secretary, Jacob Rees-Mogg, will make an announcement on support for business on Wednesday to be followed by a\u00a0mini-budget by the new chancellor, Kwasi Kwarteng, on Friday<\/a>.<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Liz Truss warned of mass bankruptcies if firms left in limbo over energy bills Prime minister to lead nation in a minute\u2019s silence to honour the Queen\u2019s legacy ahead of funeral. Liz Truss is facing a political and economic baptism of fire this week with warnings of mass bankruptcies across the economy \u2013 even as […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,3],"tags":[3903,265,33123,32639,33164,22096,6917,33163,820,2080],"class_list":["post-63539","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","tag-bankruptcies","tag-energy-crisis","tag-energy-price-inflation","tag-liz-truss","tag-michael-savage","tag-phillip-inman","tag-the-guardian","tag-toby-helm","tag-uk","tag-united-kingdom"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/63539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63539"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/63539\/revisions"}],"predecessor-version":[{"id":63540,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/63539\/revisions\/63540"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}