A former boss of BP has said the latest energy price cap should be suspended. Former vice president Nick Butler also called for increased taxes on oil producers.
Mr Butler, who worked for BP for more than three decades, said he did not think the Ofgem cap should have been announced with no "modification or mitigation". The price cap is set to increase by 80%, taking the average household bill to £3,549 from October.
Speaking to BBC Scotland’s The Seven, Mr Butler said: “They are going to have to put a lot of money to cover the costs of this so that they don’t fall on ordinary people.” He added that he would like to see a cost breakdown of every company in the industry to see if increases were justifiable.
