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May commits to SVT price cap

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.”

“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.”

Prime Minister Theresa May

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