VIDEO: John says taxes on the least well-off should be fairer
John says it should not matter whether or not you are getting money from your earning, unearned income or from benefits, they should all be treated the same as income.
Read MoreJohn calls for “circuit breaker” cap, limiting how much energy firms can charge customers during extreme circumstances
The energy regulator should be given the power to introduce a special “circuit breaker” cap, limiting how much energy firms can charge customers during extreme circumstances, the architect of the original energy price cap has argued. John Penrose, MP for Weston-super-Mare, called for Ofgem to be handed greater powers as the…
Read MoreUtility Week: ‘Dysfunctional’ energy retail market needs fixing
Addressing mounting fears over the impact of wholesale power price spikes on energy retailers back in September, Kwasi Kwarteng was sanguine. “It is not unusual for smaller energy suppliers to exit the market”, the energy secretary told the Commons. However, what we have seen heading into this winter is anything…
Read MoreJohn’s full Beesley Lecture – Power to the people
On 7th October, John was invited to deliver the first of the prestigious annual Beesley Lecture Series. Building on his Government-commissioned report Power to the People, John outlined the state of competition policy, described upcoming challenges for regulators and set out how regulatory reform can best meet those challenges. John also…
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