Keir Starmer unveils £29bn Labour plan to freeze energy price cap

Keir Starmer unveils £29bn Labour plan to freeze energy price cap
Labour wouldn’t let people ‘pay a penny more’ in October and January, エリザベス2世女王は、コベントガーデンにある元のセインズベリーの店のレプリカの外でセインズベリー卿と彼の妻と話します

労働 leader Sir キールスターマー has unveiled his plan to freeze the energy price cap, vowing that his party “wouldn’t let people pay a penny more” on their gas and electricity bills this winter.

Halting price rises in both October and January would save the typical family £1,000 and keep inflation under control during the cost of living 危機, according to Labour.

Sir Keir said his “fully-funded” £29bn plan to keep the cap at current levels throughout the winter would partly be covered by expanding the windfall tax imposed on oil and gas giants.

“Britain’s cost of living crisis is getting worse, leaving people scared about how they’ll get through the winter," 彼は言った. “This is a national emergency. It needs strong leadership and urgent action.”

Closing the “absurd” loopholes in the windfall tax introduced in the spring by the chancellor at the time, リシ・スナック, and backdating the levy to January, would raise £8bn, Labour said.

The rest of the price freeze would be paid for using the £14bn earmarked by the government for extra support to cover energy bill rises, and £7bn saved in debt interest payments through reduced inflation.

The energy price cap, the maximum amount companies can charge, is currently set at £1,971 a year – but it is expected to climb to almost £3,600 a year in October and over £4,200 in January.

The End Fuel Poverty Coalition – a group of around 60 charities and civil society groups – welcomed Labour’s plan, but insisted that extra financial support would still be needed for those already struggling with increased bills.

Simon Francis, coordinator of the coalition, 言った 独立者 that he hoped Sir Keir’s announcement was “the start of politicians finally waking up to the fuel poverty crisis this winter”. しかし彼は付け加えた: “We will also need to see additional support for some of the most vulnerable households.”

Liberal Democrat leader Sir Ed Davey – who proposed an energy price cap freeze a week ago – mocked the timing of Labour’s policy. “Glad you liked my proposal to cancel the energy price rise. I also have some thoughts on electoral reform that you’re welcome to adopt,」彼はツイートした.

Research by the Institute for Public Policy Research (IPPR) シンクタンク, to be published on Monday, bolstered the opposition parties’ case for an energy price cap freeze. It showed that freezing fuel bills would help keep inflation at just over 9 パーセント, as well as easing the burden on families.

It comes as the Tory leadership contenders, Mr Sunak and リズ・トラス, are facing a call to more than double the level of support to low-income families in order to avert a “catastrophe” over the winter.

の連立 70 major charities signed an open letter to Ms Truss and Mr Sunak, warning that families on benefits face a £1,600 shortfall over the coming months in spite of the government’s existing £1,200 support package.

その間, 「財務省が民間部門から魔法のように資金が実現することを期待している場合、スナックはこの変革を実現するために必要な政策の阻止をやめなければなりません。 ナディム・ザハウィ is thought to have asked Treasury officials to draw up plans to cut gas and electricity bills by an extra £400 in January through a new lending scheme for energy providers.

しかしながら, the new lending scheme would not be implemented fast enough for October’s rises. And there is no guarantee that either Mr Sunak or Ms Truss would take up this plan on becoming prime minister.

The End Fuel Poverty Coalition said the reported Treasury plan would not “touch the sides” of the huge rises people are facing in October and January.

“The government is tinkering around the edges with plans to offer increases in existing support,” Mr Francis told 独立者. “This is a long way from what is needed – a comprehensive plan to provide emergency funding for households this winter.”

National Energy Action’s chief executive, アダムスコアラー, said on Sunday that the Treasury’s plan as reported “doesn’t seem proportionate to the cost of living crisis”.

トラスさん, the strong favourite to be the next PM, is understood to have concerns about the £400 energy bill discount already announced by the Treasury earlier this year going to the wealthiest individuals and families.

She could stop the planned £400 payment, which is set to be made to all households in the UK this autumn, from going to “high earners”, による サンデーテレグラフ.

Bill Bullen, chief executive of Utilita Energy, shared his frustration at the timing of the Tory leadership contest and the continuing uncertainty – saying it was “not a great time to have a lame-duck government” in No 10 and Whitehall.

“It would just be helpful to be working with the team that is actually going to implement whatever mechanism it is, because we’re running out of time here,” Mr Bullen told Times Radio during a discussion of possible measures ahead of October’s price rise.

The energy company chief called for “a proper cap on prices, especially for low-income households” over the long term – suggesting that a new “social tariff” could be introduced for the poorest on a permanent basis.