Neil O’Brien
Harborough, Oadby and Wigston
Before the election, Labour said that Great British Energy would cut electricity bills by £300. After the election, the Labour Government voted against writing that into law and instead took away people’s winter fuel payments and made their bills more expensive. The Institute for Fiscal Studies has now said that their policies are fundamentally raising prices for consumers to the tune of £120 per household, and we know from the NESO report that this will get worse. Even if they triple the pace of wind roll-out, double the pace of grid connection and make other heroic assumptions, all of this is going to bump up costs further, is it not? We are doing this from the basis of having the high electricity prices in Europe. What assessment has the Minister made of the impact on British industry?