UK’s energy strategy may take years to bring down bills, says Kwarteng

Business secretary says Boris Johnson's long-delayed plan is more of a medium-term answer'

Boris Johnson's new energy strategy could take up to five years to start shaving money off people's bills, the business secretary has admitted, as the prime minister announced a drastic expansion of nuclear reactors.

Kwasi Kwarteng said the plan for cutting reliance on imported energy in the wake of spiralling prices caused in part by Russia's invasion of Ukraine was more of a medium-term way to ramp up homegrown energy production.