Boris Johnson in ‘lower bills’ talks with energy bosses but leaves action to next leader – as it happened

Live, rolling coverage of business, economics and financial markets as chief executives of energy companies visit Downing Street to discuss crisis

Chancellor Nadhim Zahawi has said that energy companies who attended a meeting with him and Prime Minister Boris Johnson today agreed to do more to help the people who most need it" - but did not detail what that would entail.

In a readout from the meeting Zahawi said the companies pledged to work in the spirit of national unity".

This morning I hosted industry leaders from the electricity sector to discuss what more they can do to work with Government and act in the interest of the country in the face of rising prices caused by Putin's illegal invasion of Ukraine.

We have already acted to protect households with 400 off energy bills and direct payments of 1,200 for 8m of the most vulnerable British families. In the spirit of national unity, they agreed to work with us to do more to help the people who most need it.