RE: truss boost4 Sep 2022 13:34
If they cap the wholesale price they have to abolish the WT, they surely can have both.
I can live with a price cap because it still has to be capped at over £2pT which is plenty for us and keeps the economy alive while we churn out insane amounts of cash.
I’m not sure how hedging would work from that perspective and surely they would have to place a floor on the price aswell?
This bit worry’s me more than anything.WEF will be pulling the strings as usual.
Ms Truss also reveals that she will set up a “council of economic advisers”, comprising “a team of world-class economists, so my chancellor and I have the best ideas and latest research on how to get the economy moving”.