Stephen Doughty
Main Page: Stephen Doughty (Labour (Co-op) - Cardiff South and Penarth)Department Debates - View all Stephen Doughty's debates with the Cabinet Office
(10 years, 9 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
The Prime Minister
My hon. Friend makes an important point. I know that he is working very hard to bring people together in his own constituency to make sure that everything that can be done in Reading is done. Obviously, they will be concerned about the rise in the Thames. We will publish details of all the announcements I have made, and we will add into that the fact that the major banks are coming forward with more than £750 million of financial support, which will mean repayment holidays, reduced or waived fees, loan extensions, increased flexibility of terms and specialist support teams deployed on the ground for businesses and farmers who desperately need help. It is a time for our insurance companies and our banks to demonstrate real social responsibility. I believe that they are beginning to do that and we should encourage them to do so.
Stephen Doughty (Cardiff South and Penarth) (Lab/Co-op)
Q9. Does the Prime agree that, after months of letting energy companies get away with increasing their profits on the back of hard-working people across the country, the Energy Secretary’s letter to the regulator this week was simply too little, too late?
The Prime Minister
The Energy Secretary was right to write to Ofgem, because it is part of the competition review we have announced. It is on this side of the House that we have delivered the £50 off bills by rolling back the cost of the green levies. That is the right approach, rather than promising a freeze that only means prices will go up.