Commenting on today's ( 28th July) Business and Enterprise Committee report, which warns that energy prices will rise significantly in the near future, with 'serious consequences for millions of households, and especially the fuel-poor', Liberal Democrat Shadow Environment Secretary, Steve Webb said:
"The Government's response to soaring energy prices has been woefully complacent.
"The planned rise in the Winter Fuel Payment is dwarfed by the rise that households are likely to see in their bills. These increases hit the elderly and the most vulnerable the hardest, while energy companies receive a £9bn windfall.
"Immediate action is needed so that vulnerable customers are guaranteed the best price that their supplier offers. Cuts in the warm front insulation programme must be reversed and the energy companies must be forced to drive up standards of home energy efficiency.
"For businesses, soaring fuel prices could be the straw that breaks the camel's back. We need a competitive energy market so that businesses can shop around and get the best price."
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