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The Guardian - UK
The Guardian - UK
Politics
Jessica Elgot Chief political correspondent

Ed Davey calls for halt to energy price cap increase to avoid ‘catastrophe’

Gas boiler
‘It would mean a huge sigh of relief across the country,’ Davey said. Photograph: Andrew Matthews/PA

Liz Truss or Rishi Sunak should cancel the £1,400 energy price cap increase in October in a new “energy furlough scheme” and government should absorb the £36bn cost of the hike, the leader of the Liberal Democrats has said.

Ed Davey said neither candidate appeared to have any policies that grasped the magnitude of what could happen this autumn. “We are facing a catastrophe this winter, a drop in living standards unlike anything we have seen in my lifetime,” he said.

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