UK

British Prime Minister Liz Truss said Thursday that her government will cap domestic energy prices for homes and businesses to ease a cost-of-living crisis ...

More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. In addition to jolting financial markets alarmed about the scale of additional spending, Truss’s package also is likely to trigger a major political row. Truss’s plan would cap the average cost of energy for households at £2,500 a year from October, well below the £3,548 they would have paid without the intervention. The government estimates it will reduce inflation by 4 to 5 percentage points from a peak that the Bank of England says may be above 13 per cent and others say may be much higher. Truss said the measures will boost economic growth, which will bolster tax receipts to the Treasury.

A jump in government borrowing to fund the support package plus a pledge by Truss to cut taxes has rattled financial markets. On Wednesday the pound fell ...

"If we want energy sufficiency, we have to look at every source including clearly new nuclear or more renewables," the minister for levelling up, Simon Clarke, told Sky News. She is also expected to lift a ban on fracking, which involves extracting shale gas from rocks by breaking them up with water and chemicals at high pressure. There is a balanced approach to this question." On Wednesday the pound fell against the dollar to levels last hit in 1985. Fracking projects will require a lengthy planning process. The government is also expected to set out new sources of energy supply including the issuance of up to 130 oil and gas exploration licences in the North Sea and a scrapping of a ban on fracking if local communities agree.

Just two days before doctors placed Queen Elizabeth II under medical supervision, prompting concern across the UK, the Queen had appointed Liz Truss as ...

"The queen received in audience the right honourable Elizabeth Truss MP today and requested her to form a new administration," Buckingham Palace had said in a statement on Monday. The last time the handover of power took place at Balmoral was in 1885, when queen Victoria was on the throne. Former Foreign Secretary Liz Truss, 47, was seen in an official photograph shaking hands with the monarch to accept her offer to form a new government and become the 15th Prime Minister of her 70-year reign.

Winston Churchill, 1951-1955. · Anthony Eden, 1955-1957. · Harold Macmillan, 1957-1963. · Alec Douglas-Home, 1963-1964. · Harold Wilson, 1964-1970. · Edward Heath, ...

She is the 15th prime minister to serve during Queen Elizabeth II's reign. "The Queen died peacefully at Balmoral this afternoon," said Buckingham Palace in a statement at 6:30 pm (1730 GMT). In seven decades on the throne, 15 prime ministers served under her, including recently appointed Liz Truss. A total of 15 UK prime ministers served under Queen Elizabeth II. The Queen died after reigning for 70 years. [Queen Elizabeth II](/topic/queen-elizabeth-ii), the UK's longest-serving monarch, died at Balmoral on Thursday.

Charles is now the oldest person to take the British throne. His eldest son William inherits the duchy of Cornwall in addition to his current title of duke ...

Follow us on [also read] [World](https://www.firstpost.com/category/world) [A bittersweet memory: How the week of Princess Diana’s death unfolded 25 years ago](https://www.firstpost.com/world/a-bitter-sweet-memory-how-the-week-of-princess-dianas-death-unfolded-25-years-ago-11122191.html) Charles is now the oldest person to take the British throne. “We mourn profoundly the passing of a cherished sovereign and a much-loved mother. Britain’s new king will be formally known as Charles III, his Clarence House residence confirmed Thursday, after suggestions that Queen Elizabeth II’s heir might have taken a different regnal name. [Latest News](https://www.firstpost.com/), [Trending News](https://www.firstpost.com/author/trendingdesk), [Cricket News](https://www.firstpost.com/firstcricket/), [Bollywood News](https://www.firstpost.com/entertainment/bollywood), [India News](https://www.firstpost.com/category/india) and [Entertainment News](https://www.firstpost.com/category/entertainment) here. His eldest son William inherits the duchy of Cornwall in addition to his current title of duke of Cambridge

On 6 February 1952, King George VI died following a prolonged illness. Princess Elizabeth immediately acceded to the throne, becoming Queen Elizabeth II.

Prince Charles, now The Prince of Wales, heir apparent to the throne, was the firstborn child of the couple, born in 1948. His eldest son came to the throne as King Edward VIII, but, before the end of the year, King Edward VIII abdicated the throne. 73-year-old Charles III becomes the king after being the longest-serving heir apparent of the nation. The same official statement announcing the queen’s death said, “The King and The Queen Consort will remain at Balmoral this evening and will return to London tomorrow.” [said](https://www.mirror.co.uk/news/royals/breaking-prince-charles-becomes-king-27940712), “The death of my beloved Mother, Her Majesty The Queen, is a moment of the greatest sadness for me and all members of my family. “We mourn profoundly the passing of a cherished Sovereign and a much-loved Mother.

British Prime Minister Liz Truss said Thursday that her government will cap domestic energy prices for homes and businesses to ease a cost-of-living crisis ...

Truss is also likely to greenlight more oil and gas extraction from the North Sea and end a ban on fracking in Britain. Inflation hit 10.1% in July and has been forecast to rise to 13% before the end of the year. Bills had been due to rise to 3,500 pounds ($4,000) pounds a year from October, triple the cost of a year ago.

The Geothermal Energy Advancement Association (GEAA) has responded to the UK Parliament's inquiry into geothermal and its potential role in the UK's ...

The GEAA cites several barriers to the deployment of geothermal technologies in the UK. Lack of awareness of geothermal potential was noted as causing limited investment in the industry. Recent innovations, such as closed-loop systems and technology to repurpose oil and gas wells, were also highlighted to emphasize the growing scope of geothermal systems that can possibly be exploited.

Other inventions include a humane insect remover, a gas-flushing toilet and a collar that stops dogs fighting.