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Energy Bills Set to Soar by 50% Due to Tory Cost-off-living Crisis
Local MP Richard Thomson has backed calls for the UK Government to “get a grip” of the cost-of-living crisis currently hammering the nation – following new statistics which show that energy bills could rise as much as 50% in the spring.
From April of next year, the UK price cap – set at a record £1,277 by Ofgem – is due to rise significantly resulting in consumers’ bills increasing.
The trade body ‘Energy UK’ has also called on the UK Government to intervene in order to prevent dozens of energy companies from going out of business.
It is believed that around one fifth of consumer energy bills are in control of suppliers, with the UK Government setting out additional costs such as VAT and green energy levies.
Commenting, Richard Thomson MP said:
“This cost-of-living crisis falls directly at the door of the Conservative Government and it is, therefore, their responsibility to get a grip of this crisis.
“It is vital that Boris Johnson and Chancellor Rishi Sunak follow the example set by numerous governments’ across Europe by reducing taxes on bills. By doing so, the Conservatives would be putting money back into customers’ pockets at a time when bills elsewhere continue to soar.
“We shouldn’t forget that while people across Scotland face enormous rises in their energy bills, the Treasury will be raking in substantial tax receipts from the inflated price of gas.
“There can be no more delays from this Conservative Government. It is time to step up and take action to help families the length and breadth of the country.”
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