Newspaper headlines: 'Snap election next year' and energy crisis latest

1px transparent line
By BBC News
Staff
Reuters

A number of the papers carry stories on Liz Truss' plans to tackle the energy crisis

The Times says the decision by Russia not to reopen the Nord Stream pipeline is likely to "renew the turmoil" in the European gas market.

The Financial Times also believes the Nord Stream closure will exacerbate fears about gas supplies. It quotes an expert in energy issues that Europe needs to prepare for a winter with no Russian gas, and its key priority must be "reducing gas and electricity demand".

The Daily Mail notes that the sale of oil and gas "adds an estimated £700 million a day to the Kremlin's coffers"- and is being used to "bankroll the bloodshed in Ukraine".

The Daily Telegraph says that Liz Truss could set out her plans to tackle the energy crisis to ministers within 24 hours of taking office - if she becomes the new prime minister. According to the paper, she's considering a VAT cut and an end to the moratorium on fracking.

In its leading article, The Financial Times says if she wins, Ms Truss' first job will be to cushion the impact of soaring energy costs. It believes "failure to directly support at least the most vulnerable households and enterprises would be catastrophic for the economy, not to mention her 2024 electoral chances".

Sign up for a morning briefing direct to your inbox.

The Daily Express claims that whoever wins the Conservative leadership election is expected to demand the party is put on an election footing - with 5 October 2023 a likely polling day.

The headline in the i newspaper states that the "Tories fear the wrath of voters after Liz Truss coronation". It says 80% of people surveyed said the government was failing to tackle the energy crisis, and 53% said they planned to keep the heating turned off even if they were cold.

The Times understands that if she wins, Ms Truss is planning what it calls a "Bonfire" of workers' rights - to improve competitiveness and "kickstart the economy". The move, says the paper, will put her on a collision course with the unions.