The government will deliver a mini-budget next Friday, it has been confirmed
Businesses are hoping that Ms Truss and Chancellor Kwasi Kwarteng will outline the specifics of how the plan will be funded during the fiscal event as cost of living pressures continue to bite.
Leaders have expressed concern in recent days about the lack of clarity over the equivalent support for companies, which are also struggling with rising bills.The letter was signed by 300 companies and written by Kate Nicholls, the CEO of UK Hospitality.PM announces household energy cap She welcomed the support that would be given to households as part of Ms Truss's policies to tackle the hike in costs.
But, the CEO added:"Businesses must see action too, or more of the population will need direct support".
On Wednesday, Downing Street promised more details about the support that would come next week alongside a pledge to backdate energy costs for businesses if there is a delay to getting the complex new scheme off the ground.
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