'No new taxes': Liz Truss ties her hands on funding energy crisis bailouts

Liz Truss is firmly committed to "no new taxes' if she becomes Prime Minister next week.

Ms Truss also specifically ruled out a new windfall tax on energy companies which are raking in massive profits due to historic gas price spikes.< /p >

And she promised there would be no French-style energy rationing this winter, when the average price of domestic fuel is expected to hit £3,459 a year.

His pledges come at a time when experts warn the government is facing the need for tens of billions in support funds to help households and businesses keep heating on. lit this winter.

If she is elected as Boris Johnson's successor, as expected, on Monday, her promises will risk significantly limiting her room for maneuver as she drafts a response to destitution warnings for families and closure for small businesses if support is not provided.

RecommendedFinancial markets are already losing faith in the UK - there's no 'if' to that Sunak - Live: Rivals issue last-ditch appeal to Tory voters in final campaign "height="56" width="82" layout="respons ive" class="i-amphtml-layout-responsive i-amphtml-layout-size-set" i-amphtml-layout="responsive"/> Farm v Sunak - live: rivals make last-ditch appeal to conservative voters in the last 230 election campaign&auto=webp" alt="What does inflation mean to you?" height="56" width="82" layout="responsive" class="i-amphtml-layout-responsive i -amphtml-layout-size-defined" i-amphtml-layout="responsive"/>What does inflation mean to you?