Prime Minister Theresa May has pledged to introduce an energy price cap if the Conservative Party wins the general election, saying “rip-off” energy prices are hitting the vulnerable and those on low incomes hardest.
Writing in The Sun on Monday 8 May, May said that the cap would be set by Ofgem and would save 17mn families on standard variable tariffs up to £100/ year. May said: “It is clear to me that the energy market is not working for ordinary working families. Too many people simply aren’t getting a fair deal.”
Responding, Labour Shadow Business, Energy and Industrial Strategy Secretary Rebecca Long-Bailey said the Conservatives were “re-announcing something they tried to get a headline for just a fortnight ago” and there was still “no proper detail nor any real commitment to helping working people.”
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