The cost-of-living crisis is now a national emergency. Across the country, households and families face bills that are simply unaffordable. At a time like this, politicians have to say whose side they are on.
Is it the millions of people and businesses in Wales dreading their next energy bill? Or is it the oil and gas companies? Labour is absolutely clear about whose side we are on. We will always put you first. That’s why under a UK Labour government, your energy bill wouldn’t go up by a penny this winter and we are also clear about how this would be paid for: from a windfall tax on those companies’ enormous, unexpected profits. Because unlike the Tories, we won’t be making vast, unfunded promises that would make this crisis worse, not better.
As everyone is feeling the hit, Labour’s price cap freeze would mean all households across Wales would get £1,000 off their bills and we’d make sure that targeted extended support for those on universal credit, pensioners and those with disabilities continues on top of that payment. Across Wales, Labour’s energy price freeze adds up to £1.4bn of support.
