The £65 Billion energy subsidy paid out to energy users due to the price spike in energy caused by the Ukraine war and was a vital shield against a global price shock, but it left a debt that cannot be ignored.

Leaving future generations to pay the interest and principal on this sum is not a responsible option.

A fair and common-sense mechanism can be established to address this.

When wholesale energy prices fall below a pre-defined, stable level, a small portion of the consumer saving can be automatically redirected to pay down the subsidy debt.

This is not a new tax. It is a temporary rebalancing to ensure that emergency support is paid for when times are better.

This approach makes a responsible dent in the National Debt and ensures that the cost of the crisis is managed now, not passed on to our children.

In future times, hopefully if any such payments are made, there is more effort on a plan on how to recover, rather than just passing it on to the next generation.