CMA investigation – report confirms that Britain’s energy market is broken and that radical action is needed to protect consumers
Caroline Flint MP, Labour’s Shadow Energy and Climate Change Secretary, commenting on the Competition and Markets Authority energy market investigation, said:
“This report confirms that Britain’s energy market is broken and that radical action is needed to protect consumers. Energy bills are £300 a year higher under the Tories, and David Cameron has let the energy companies get away with overcharging millions of consumers.
“That’s why the next Labour Government will freeze energy prices until 2017, so that bills can fall but not rise, give the regulator the power to force energy suppliers to cut their prices and end overcharging once and for all.”