We are facing a national emergency over soaring energy bills. Keir was in Devon today and announced Labour’s plan to help households:
- Freeze the current energy price cap at £1900 a year – stopping bills surging to £3600 in October and £4,000+ in January. This would save the average household £1,000 a year.
- Ensure those in pre-payment meters pay the same as those on direct debit. It’s wrong that the poorest pay the most for energy.
- Insulate 19 million homes in the next decade, a plan Labour announced last year. If Ministers had listened, we would have 2 million more homes insulated with each saving around £1,000 a year.
The energy price cap freeze is the bold policy we need to get Britain through the winter. It will cost £29 billion, paid for by extra tax from the oil and gas giants who are making eye-watering profits.
The price cap freeze alone would reduce inflation by 4%, making interest rate rises less likely, easing the burden on households, and saving the government £7bn in debt interest payments.
Keir also joined us to mark VJ Day at an event organised by Labour’s Parliamentary candidate for Plymouth Moor View, Gareth Derrick. Keir spoke with veterans, those currently serving, and others in our city with a close connection to VJ Day.
With the Conservatives still busy taking chunks out of each other, Labour is offering the leadership Britain needs.