Oral Answers to Questions Debate
Full Debate: Read Full DebateIain Wright
Main Page: Iain Wright (Labour - Hartlepool)Department Debates - View all Iain Wright's debates with the Department for Business, Energy and Industrial Strategy
(7 years, 10 months ago)
Commons ChamberHappily, the private sector—British business —is an enthusiastic and increasing supporter of investment in science and research. Sometimes that is done jointly with important publicly funded institutions such as our universities, and that is one of our strengths as an economy.
In November, the Secretary of State hauled energy companies into his Department to put pressure on them regarding claims that they were generating excess profits. This morning, at the Select Committee, Which? told us that energy companies are dismal when it comes to customer service and prices. Does he agree with that assessment, and will he outline to the House what progress has been made to get a better deal for energy customers since that meeting in November?
Yes. The hon. Gentleman raises an important point. The Competition and Markets Authority report identified a huge detriment that consumers were facing. There has been some limited response from the energy companies. For example, they have deleted some of their more abusive tariffs, but there is further to go, and we will be making a response to the CMA report in the days ahead.