- The UK government has stated it is prepared to offer consumers support amidst predictions of rising energy bills, influenced by the Middle East conflict.
- Energy Minister Michael Shanks shot down “scaremongering” and reassured that the UK maintains strong and diverse energy supplies, with no immediate concerns regarding fuel availability.
- Shanks acknowledged that the Middle East situation would impact energy prices, reiterating the government's commitment to de-escalation and consumer assistance.
- Regarding the Ofgem price cap, which concludes in June, it is currently too early to determine future adjustments, though the government pledges readiness to support consumers.
- The government is carefully considering proposals to remove policy costs from energy bills, balancing immediate consumer relief with the necessity of investing in future energy systems and renewables to ensure long-term affordability.
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