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The Guardian - UK
The Guardian - UK
Politics
Andrew Sparrow and Phillip Inman

Labour announces plan to freeze energy price cap with reinforced windfall tax

Keir Starmer tours Whitelees windfarm in Eaglesham with Scottish Power head Keith Anderson
Keir Starmer, seen touring Whitelees windfarm in Eaglesham with Scottish Power head Keith Anderson (second from right), also announced wider plans to invest in sustainable energy. Photograph: Andrew Milligan/PA

Keir Starmer has put a beefed-up £8bn windfall tax on energy company profits at the heart of a new plan to stop people having to pay “a penny more” on fuel bills this winter.

The Labour leader confirmed that under his plan the energy price cap would be frozen at the current level, meaning that an expected 80% rise in October – taking an average household bill to about £3,600 – would not go ahead.

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