Plans to impose a cap on rip-off energy bills are watered down as May junks many of her flagship policies from her Queen’s Speech
‘Plans to impose a cap on rip-off energy prices have been watered down as the government today unveiled its pared down Queen’s Speech.
The radical measure had been expected to be unveiled today after Theresa May last month vowed to intervene ‘to repair broken consumer markets’.
She had promised that the move would cut around £100 off the energy bills for millions of customers.
But the PM today backed away from the plans and instead said they are looking at rolling out price protection already in place for vulnerable customers.’
Read more: Plans to impose a cap on rip-off energy bills are watered down as May junks many of her flagship policies from her Queen’s Speech
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