Caroline Flint MP, Labour’s Energy and Climate Change Secretary, commenting ahead of the Energy and Climate Change select committee’s evidence session on energy prices with the energy companies on Tuesday 29 October, said:
“The energy companies must come clean about why they are imposing yet another round of inflation-busting price rises this winter, when they are already making huge profits. The latest revelations about rising profits and the growing gap between wholesale costs and household energy bills highlight why answers are needed.
“Britain’s energy market isn’t working for ordinary families and businesses. Labour’s price freeze will save money for 27 million households and 2.4 million businesses and our plans to reset the market will deliver fairer prices in the future.”