Boris Johnson has mentioned he’ll proceed to press the power sector to “work on ways” to assist ease the cost-of-living disaster — however introduced no new authorities help after crunch talks.
Resisting strain to behave imminently, the outgoing prime minister set out at a gathering with the electrical energy sector in Downing Street will probably be for his successor in No 10 to make “significant fiscal decisions”.
The Treasury mentioned that Nadhim Zahawi, the chancellor, and power bosses agreed to “work closely” over the approaching weeks to make sure susceptible prospects are supported within the face of rising prices.
In a warning to firms and amid studies of a extra stringent windfall tax, he additionally careworn the federal government will proceed to evaluable “appropriate and proportionate” steps within the face of extroardinary earnings.
But the assembly on Thursday comes after repeated appeals for pressing authorities intervention – earlier than the conclusion of the Tory management contest – as specialists warn power payments might exceed £4,000 this winter.
Following the roundtable dialogue in Downing Street, Mr Johnson mentioned: “Countries around the world are feeling the impact of Putin’s damaging war in Ukraine.
“We know that this will be a difficult winter for people across the UK, which is why we are doing everything we can to support them and must continue to do so”.
He added: “Following our meeting today, we will keep urging the electricity sector to continue working on ways we can ease the cost of living pressures and to invest further and faster in British energy security.”
Mr Zahawi mentioned: “We have already acted to protect households with £400 off energy bills and direct payments of £1,200 for 8 million of the most vulnerable British families.
“In the spirit of national unity, they agreed to work with us to do more to help the people who most need it.”