Labour’s Energy Policy is a Mess. In the run up to the general election, Labour pledged to bring down energy bills by £300 a year, an ambition it intended to realise with the creation of an £8.3 billion state-owned clean electricity company. Almost immediately, however, the opposite has happened. Ofgem yesterday announced an uplift to the energy price cap which will see costs rise by £149 on average per household. Combined with Labour’s decision to scrap the universal Winter Fuel Payment, … read more »
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