A new chancellor and another U-turn for Truss  Liz Truss has been basically trying to shore up the institutional framework around economic policymaking and denouncing institutions is not part of the key message that she’s been trying to deliver in the last couple of weeks.  I think it was one of the ironies of this week is that the free marketeers have basically been routed by the market, haven’t they? They’ve realised you can’t, you can’t buck the markets. You have to take them with you and you have to explain what you’re doing and you have to show the sums add up. It’s something the Treasury has learnt the hard way over, you know, the last century or more and something Liz Truss has learnt very slowly to her cost. Jeremy Hunt 'to water down energy bills support' Jeremy Hunt will announce that the Government's energy price guarantee is going to be watered down, according to reports. The guarantee is supposed to apply for two years, with help for every household, but it is ...