Lord Spicer
Main Page: Lord Spicer (Conservative - Life peer)Department Debates - View all Lord Spicer's debates with the Leader of the House
(11 years, 2 months ago)
Lords ChamberMy Lords, I declare an interest listed in the parliamentary register, and ask this question.
My Lords, forgive me. It is Labour’s turn for a question.
My Lords, luckily, the UK is the most open economy in the world and therefore welcomes inward investment, including in the nuclear sector and renewable energy, from everyone in the world.
My Lords, does the Minister agree that not enough determination has been shown by the official regulator, Ofgem, or by our competition authorities over the past decade to make sure that there is sufficient competition in the energy market, which would at last favour consumers? Would she nudge those organisations to grow some teeth and perhaps bare them, so that consumers get a fairer deal out of energy prices?