In this paper, a liquid crystal (LC) based tunable metamaterial absorber with dual-band absorption is presented. The proposed absorber is analysed both numerically and experimentally. The analysis shows that the two absorption peaks, originating from the new resonant structure, are experimentally detected at 269.8 GHz and 301.4 GHz when no bias voltage is applied to the LC layer. In order to understand the absorption mechanisms, simulation results for the surface current and power loss distributions are presented. Since liquid crystals are used as the dielectric layer to realize the electrically tunable absorber, a frequency tunability of 2.45% and 3.65% for the two absorption peaks is experimentally demonstrated by changing the bias voltage of the LC layer from 0 V to 12 V. Furthermore, the absorber is polarization independent and a high absorption for a wide range of oblique incidence is achieved. The designed absorber provides a way forward for the realization of tunable metamaterial devices that can be applied in multi-band detection and imaging.