Business of the House

Chris Law Excerpts

Thursday 6th July 2023 Commons Chamber

[Penny Mordaunt]

I remind my hon. Friend that DLUHC questions are on Monday—it will be jam-packed. I agree with her: that is a crazy solution to a problem of constrained resource. Why have an asset, with all those overheads, just to shut it for part of the week? I encourage her council to be a bit more entrepreneurial by generating income, working with partners, asking for business support and doing the many other things that councils up and down the country have done to secure such vital services, including, in some cases, community asset transfers. I hope that, in addition to securing a debate and asking a question on Monday, she can also get her council to buck up.

[Chris Law (Dundee West) (SNP)]

Wholesale energy prices for suppliers may have returned to normal, but Bonar Yarns in my Dundee constituency, which has produced specialist textiles and supplied some of the world’s largest sporting venues for more than 100 years, is facing closure because of what looks like price gouging. The company changed ownership earlier this year, but I understand that the existing energy supplier, Brook Green Supply, has quoted a 400% increase without adequate explanation and despite no increase in usage. Many businesses are being held to ransom with high energy costs. Can we have an urgent statement from the UK Government on what reforms they are considering to end the corporate daylight robbery by energy companies, which is putting businesses and communities at risk?

[Penny Mordaunt]

The hon. Gentleman will know that we take that type of matter seriously. He will know that, because of the findings of the Competition and Markets Authority, we are introducing a “pump watch” scheme—to use FairFuelUK’s terminology for it—and ensuring that suppliers are pricing fairly so that where the wholesale price drops, the change is passed on to, in that case, motorists. He will know that we take those matters seriously. Given that the relevant Department is not coming to the House until after recess, I shall make sure that it has heard what he has said. We want fairness, and competition—true competition—is part of that. That is why the Prime Minister commissioned work on those very matters when he was Chancellor.