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The Guardian - UK
The Guardian - UK
Business
Alex Lawson Energy correspondent

Rees-Mogg accused of grabbing absolute power over UK energy industry

Jacob Rees-Mogg, the secretary of state for business, energy and industrial strategy.
Jacob Rees-Mogg, the secretary of state for business, energy and industrial strategy. Photograph: Anadolu Agency/Getty Images

The business secretary, Jacob Rees-Mogg, has been accused of launching a “power grab” as new legislation proposes to hand sweeping control over the energy industry to the government.

The government last week introduced the energy prices bill to parliament to formalise the energy price guarantee, Liz Truss’s flagship policy to reduce household bills by limiting the cost of electricity and gas for two years.

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