Truss to push ahead with low-tax economy despite calls for caution

Reports that prospective PM is also considering freezing energy bills this winter at a cost of up to 100bn

Liz Truss has said she will press ahead with plans for the UK to be a low-tax economy with less focus on wealth redistribution under her premiership, despite calls for caution from Tory grandees.

There were also reports that Truss, who is expected to be named as the new prime minister on Monday, was considering freezing energy bills this winter at a cost mooted to be as high as 100bn.