Oral Answers to Questions

Debate between Gareth Davies and Philip Hollobone

Tuesday 9th May 2023 Commons Chamber

[Gareth Davies]

My hon. Friend is a great champion of businesses in his constituency. In the first instance, I advise businesses always to contact suppliers to discuss their contracts. We are alive to the fact that some businesses are having difficulties securing the benefit of falling wholesale prices from their energy suppliers. In January, the Chancellor wrote to Ofgem, which oversees the energy market for consumers, and Ofgem has now launched an investigation into the non-domestic energy market. We await its conclusions, and, at that point, I would be very happy to meet my hon. Friend.

[Mr Philip Hollobone (Kettering) (Con)]

5. What recent steps he has taken to reduce the rate of inflation.