Gordon Brown has called for temporary renationalization of energy companies if they fail to cut gas and electricity costs over the winter.
Former Labor Prime Minister says household energy bills will jump to £4.200 he said in January Energy price cap should be canceled and government He said that new negotiations should be held. Low prices with companies.
If they refuse to cooperate, Brown should take emergency action andenergy suppliers should be temporarily nationalized to protect consumers. Said there was a financial crisis.
READ MORE: Labor calls for closing 'shameful' loophole in windfall tax
Surplus Boris Johnson and To the quarreling Tory leadership candidates, Brown warned:
Brown's intervention preceded a summit at Downing Street between his understudy Prime Minister Nadim Zahawi, Energy Secretary Kwasi Kwarten, and major energy companies.
Suppliers will be under pressure to explain significant gains at Thursday's meeting.
But Boris Johnson, who has just returned from vacation in Slovenia, reveals that decisions on how to deal with the cost of living crisis will fall to either Rishi Sunak or Liz Truss. Did. When one of them takes office next month.
Snak has promised more help for low-income families, and Truss has not ruled out the possibility of help, but has emphasized tax cuts. Neither appears to support a surprise tax hike for energy companies.
Shell, BP and British Gas owners Centrica are all facing rising household bills. While struggling with the book, we announced strong financial results.
Brown's prescriptions, which include reversing the energy cap hike and agreeing to higher payments to vulnerable households before the official announcement on 26 August, go further than Labor's own stance. I'm in.
Recently, Keir Starmer denied nationalizing utilities and Shadow Chancellor Rachel Reeves and businesses to be shut down for tax loopholes on gas.
Mr Brown said his plan would be funded by a new "watertight windfall tax" on oil and gas and a new tax on high city bonuses that he said were pushing up wage inflation. rice field.
These measures could raise him £15 billion, he said, which would be enough for him to give nearly eight million low-income families each of his just under £2,000.
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Brown said: “Families in 2022 are about to suffer more than they did in 2008-09. Only bold and decisive action starting this week will save people from suffering and reunite a divided country.
