Liz Truss became U.K. prime minister on Tuesday and immediately confronted the enormous task ahead of her amid increasing pressure to curb soaring prices, ease labor unrest and fix a health care system burdened by long waiting lists and staff shortages.
At the top of her in-box is the energy crisis triggered by Russia’s invasion of Ukraine.
British news media reported Tuesday that Truss, who refused to spell out her energy strategy during the two-month campaign to succeed Boris Johnson, now plans to cap energy bills at a cost to taxpayers of as much as $116 billion.
She is expected to unveil her plan on Thursday.
