In response to British Gas cutting the price of electricity by 5%, shadow energy secretary Caroline Flint has urged energy companies to cut their prices for customers immediately:
“With falling wholesale costs, all energy companies must cut their prices for now. They are very quick at hiking up energy bills when prices rise – they need to be just as quick in cutting them when prices fall.”
“For the future we need a more a responsible and competitive energy market that works in the public interest. But one thing all energy companies should do now is ensure that all over 75s are on the cheapest possible tariff.”
More from LabourList
Survey results: Which new Labour MPs are most popular with LabourList readers?
‘It’s one year since I became Britain’s youngest MP. Here’s what I’ve achieved so far’
Tribute: ‘David Lipsey’s joie de vivre is missing in Labour politics today’