Rebecca Long Bailey responds to Ofgem’s announcement on energy price caps

Rebecca Long Bailey MP, Labour’s Shadow Business Secretary, responding to Ofgem’s announcement on energy price caps, said:

“Even after these changes, the cap will still be higher than the level set in January, which itself was wholly inadequate to protect households.

“The key point is that the retail market, left to its own devices, will systematically overcharge inactive customers. This is unacceptable, and Labour will fundamentally reform the system.”