Rebecca Long-Bailey MP, Labour’s Shadow Secretary of State for Business, Energy and Industrial Strategy, responding to news that senior Conservatives are urging a u-turn on their energy price cap manifesto promise, said:

“If correct, this is potentially another stunning U-turn from a weak and wobbly Prime Minister.

“One in ten households are living in fuel poverty and customers are being overcharged a whopping £2 billion every year. Theresa May unequivocally guaranteed a price cap before the general election but now it appears she is preparing to row back on that promise. It now looks like this price cap was simply an election gimmick and that the Conservatives were never serious about taking action to keep energy bills down.

“Britain needs a serious and long term approach in order to bring energy costs down, not cheap gimmicks that may simply be thrown into the bin just a week after the General Election.”