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Donald Trump sparked controversy after he moved the US embassy to Jerusalem in 2017 - now Liz Truss has followed in his wake.

The deal with Uniper builds on a rescue package agreed in July and features a capital increase of eight billion euros, financed by the government.

The pair held their first bilateral meeting at the fringes of the United Nations summit in New York after Ms Truss caused controversy by failing to say whether the ally was “friend or foe”.

In a message on Twitter, Mr Biden said: “I am sick and tired of trickle-down economics. It has never worked.

"I predicted that opinion on rejoining would move slowly and remorselessly, by demographic replacement rather than Brexiters seeing the light, but I can feel it happening much faster than that now."

Those who live and work in the low-tax areas envisaged by the Prime Minister could see their own contributions cut, it is understood.

A report published in January found the effects of lowering tax has an economic effect that is "statistically indistinguishable from zero”.

It comes as the EU have announced they will impose a windfall tax electricity-producing companies that are making extraordinary profits thanks to the war in Ukraine and climate change.

"You told me this morning when I was in here... that you would drink this water," he says to the commission. "So, would you drink it?"