The MP who led the charge for the energy price cap has called for further reform of the mechanism to tackle the so-called loyalty penalty. John Penrose, delivering the annual Beesley Lecture, hosted by the Institute of Economic Affairs today (7 October), implored Ofgem to ape rules introduced by the…
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Beleaguered energy secretary Kwasi Kwarteng won the support of Britain’s power bosses today, reassuring them that vulnerable consumers would be continue to be protected, as he warned that more suppliers are set to quit UK retailing. Speaking at EnergyUK’s annual conference, the minister repeated his three principles to overcome Britain’s crisis,…
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Article by JAMES FORSYTH and originally published on The Times Online. Before Covid shut down politics, Boris Johnson was determined to push through planning reform and create more homes — and more homeowners. There was to be a particular focus on getting more homes built where property was least affordable.…
Read MoreJohn says the Government is absolutely right to focus on consumers and not to bail out energy firms that got things wrong or are too fragile. However, asks the Minister to explain how he is dealing with customers currently on capped tariffs with suppliers that have gone bust?
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