Energy Prices: Support for Business

Anne McLaughlin Excerpts
Thursday 22nd September 2022

(2 years, 3 months ago)

Commons Chamber
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Jacob Rees-Mogg Portrait Mr Rees-Mogg
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All businesses will benefit, but obviously, the more energy intensive the business, the more it will benefit from this reduction in wholesale prices. As I said, I am very open to receive representations from right hon. and hon. Members to the review that is taking place.

Anne McLaughlin Portrait Anne McLaughlin (Glasgow North East) (SNP)
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I am a member of the voluntary board of the Scottish Pantry Network, whose shops are significantly affected by rising energy costs. It exists for environmental reasons to stop food waste, but primarily, it exists to provide low- cost, fresh food for people who cannot afford supermarket prices. To keep the food fresh, our shops have walk-in fridges and freezers that cost a lot of money to run. Does the Secretary of State not see that some supermarkets, which my constituents cannot shop in and which are making massive profits, will be helped by this measure, while some of my pantry shops will not be, simply because they signed up to a contract prior to 1 April? Will he remove that date? If not, will he consider including all those non-domestics that signed up to contracts before 1 April in the three-month review?

Jacob Rees-Mogg Portrait Mr Rees-Mogg
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The major price rises in contracts took place after 1 April, which is why that date was set.