Rebecca Long-Bailey MP, Labour’s Shadow Secretary of State for Business, Energy and Industrial Strategy, responding to Ofgem’s announcement on an energy price cap, said:

“Ofgem’s watered down proposals go nowhere near the promise made by the Prime Minister to adopt Labour’s principle of a price cap. In the general election, she pledged unequivocally to knock £100 off the bills of 17 million customers but then didn’t include the promise in the Queen’s Speech.

“After reports that the Prime Minister has been lobbied by senior cabinet members and the big six energy companies to drop the price cap commitment, ministers must tell the British people why they treat fair pricing for energy consumers as such a low priority and if they are going to make yet another u-turn. “

Ends

Editors Notes

1.       Theresa May made a strong declaration to an energy price cap for 17 million customers, saving £100 in The Sun – link below:

https://www.thesun.co.uk/news/3512895/theresa-may-energy-cap-promise/

2.       Ofgem’s press release

https://www.ofgem.gov.uk/publications-and-updates/ofgem-announces-plans-deliver-fairer-more-competitive-market-all-consumers