Exclusive: Labour calls for the price cap to remain at £1,971 as charities warn Tory leadership candidates of catastrophic impact on the cost of living
Labour leader Keir Starmer is to call for a ban on crippling energy price rises this autumn in a move that would save the average household more than £2,000 a year on gas and electricity bills, the Observer can reveal.
The demand to freeze the energy price cap at the current £1,971 level – blocking the regulator Ofgem from allowing a huge anticipated rise to around £3,600 in October – will place intense pressure on the Tory leadership candidates Liz Truss and Rishi Sunak to follow suit when one becomes prime minister.
