Philip Hammond plots to kill off Tories’ flagship energy price cap policy which aimed to put an end to rip-off bills for customers : Daily Mail.

  • Policy could be dramatically watered down or even ditched in Queen’s Speech
  • Tory manifesto promised to put a maximum price on gas and electricity tariffs
  • Some Cabinet ministers including Chancellor are lobbying for it to be dropped

Chancellor Philip Hammond is flexing his political muscles by trying to kill off the Tories’ energy price cap.

The flagship policy could be dramatically watered down or even ditched in next week’s Queen’s Speech.

Chancellor Philip Hammond (pictured) is flexing his political muscles by trying to kill off the Tories’ energy price cap

Chancellor Philip Hammond (pictured) is flexing his political muscles by trying to kill off the Tories’ energy price cap

 

The Conservative manifesto promised to put a maximum price on gas and electricity tariffs to end rip-off bills for customers who do not change providers.

But sources said several Cabinet ministers – including the Chancellor – were lobbying for it to be dropped.

Business Secretary Greg Clark was yesterday said to be fighting a rearguard action to save the policy. Last night Theresa May was signing off the final list of Bills to be announced in Wednesday’s Queen’s Speech, in what is expected to be a radical slimming down of the Government’s programme.

Read More : Daily Mail.

 

Advertisements

2 Comments

  1. It’s important to keep an eye on the rest of the cabinet whilst the Grenfell Tower disaster is dominating the news.

    We’ve already seen Hunt selling off the NHS, now Hammond watering down the manifesto. Keep an eye on Fallon with the Syria situation.

    They have no rights to do anything, there isn’t even a parliament to scrutinise their activities until after the Queens speech.

    Liked by 1 person

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s