Cost of Living - How are you handling it?
- Garth
- Emeritus
- Joined in 2008
- Location: Norn Iron
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The Labour leader, Keir Starmer, is to call for a ban on crippling energy price rises this autumn in a move that would save the average household more than £2,000 a year on gas and electricity bills, the Observer can reveal.
The demand to freeze the energy price cap at the current £1,971 level – blocking the regulator Ofgem from allowing a huge anticipated rise to around £3,600 in October – will place intense pressure on the Tory leadership candidates Liz Truss and Rishi Sunak to follow suit when one becomes prime minister.
Starmer’s plan, to be announced on Monday, comes as 70 of the country’s biggest charities and organisations across health, mental health, education, care and other sectors, today warn Truss and Sunak in a joint letter of dire consequences throughout British society unless they take more drastic action to address the energy and wider cost of living crises.