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Kirsten calls for action to cut energy bills

Kirsten Oswald has called for action after claiming the government is allowing energy companies to rake in record profits:

It comes after Shell announced second-quarter profits of $5.6billion, while British Gas' profits have reached an all-time high of more than £585million for the first half of 2023.

According to the MP, these figures coincide with forecasts that winter energy bills for households are set to remain at high levels.

Ms Oswald said: “The UK Government is sitting on its hands and allowing energy companies to rake in record profits at the very same time that households are paying historically high prices on their energy bills.

“Wholesale energy prices have fallen significantly but we know that the broken UK energy market means bills this winter will stay around 90 per cent higher compared to 2021.

“Instead of withdrawing support from those who need it most, the UK Government should follow the example of the Irish Government, which has recommitted to energy support for businesses and consumers this upcoming winter.

“Direct government support was needed last winter and it will be desperately needed this winter too."



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