The latest reports indicate that officials at the Department for Business (BEIS) and the Treasury are working on proposals at the moment but the complexities of the programme mean that the details of how the support will work will not be available immediately. Despite the delay, the BBC has reported that any package will be backdated to October, which will provide some relief for businesses although many thousands are due to sign annual yearly contracts which fix prices from October.

The new PM Liz Truss announced the plans to support consumers and businesses with energy prices days after she was elected as PM following the summerlong Conservative leadership battle.