The announcement comes ahead of a more thorough “mini-state budget” on Friday, writes AFP. The new British government has previously promised tax cuts as part of this. The cut was actually supposed to happen immediately when Liz Truss took over the role as Prime Minister, but the assessment was postponed when Queen Elizabeth died. Now that the national mourning period is over, Truss makes a promise that will cost the country dearly this winter. The British finance minister also says that private households will get help with their bills this winter. Photo: TOLGA AKMEN / AFP The price of electricity and gas for companies as well as charities, hospitals and schools is to be halved. The rest of that consumption costs on the open market, which the government promises to take responsibility for for six months. – We have intervened to prevent companies from collapsing, to protect jobs and limit inflation, says Finance Minister Kwasi Kwarteng to AFP on Wednesday. On Friday, he promises to also present a plan on how private households will be supported through the winter. Several hundred billion Trade Minister Jacob Rees-Mogg informs Reuters that this support package will cost several tens of billions of pounds. This corresponds to several hundred billion kroner. He still tells the agency that it will be difficult to say exactly, as the situation is now. The State Secretary for Business announces that the support package will cost several hundred billion kroner. Photo: DANIEL LEAL / AFP – The difficult thing about it is that this depends on energy prices over the winter, and these are very difficult to predict, he said. – It will be several tens of billions of pounds, undoubtedly. Not just Great Britain Tankesmia Bruegel has researched how much money a number of European countries have set aside to help both ordinary people and businesses get through the winter. They have worked out a total bill of almost 500 billion euros, or five thousand billion kroner (five trillion). This comes after several months of high electricity and gas prices, and disagreements about how they should meet at national level and in the EU. The price increase is also noticeable on the market in Madrid. Photo: Manu Fernandez / AP Among EU countries, there are just over three thousand billion (three trillion) island marks, while Britain alone has one thousand eight hundred billion (1.8 trillion). If you count the money states have earmarked to nationalize, buy out or give loans to energy companies, the total is even higher, the organization writes.
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Will cover half of the electricity bill for British companies – news Norway – Overview of news from different parts of the country
