Oral Answers to Questions

Martyn Day Excerpts

Tuesday 12th July 2022 Commons Chamber

[Martyn Day (Linlithgow and East Falkirk) (SNP)]

2. What recent discussions he has had with Cabinet colleagues on the potential impact of increases in the energy price cap on living standards.

[The Secretary of State for Business, Energy and Industrial Strategy (Kwasi Kwarteng)]

We talk in Cabinet about the cost of living and the price cap all the time. The hon. Member will know that decisions on the level of the price cap are for Ofgem, but it is something we are constantly talking about in Cabinet.

[Martyn Day]

MoneySavingExpert’s Martin Lewis has asked a great question over social media:

“The energy price cap’s predicted to rise 64% in Oct taking a typical bill to £3,244/yr; & rise again in Jan to £500/yr more than when May’s help package was announced. What’ll u do to avoid this & when?”

How would the Secretary of State answer that question?

[Kwasi Kwarteng]

The hon. Member will know that the various parts are moving in the Government, but I am sure there will be the customary statement or Budget in November from my right hon. Friend the Chancellor of the Exchequer, and I am sure there will be some interesting measures there to deal with that particular question.