Andrew Pakes, Labour’s Parliamentary Candidate for Milton Keynes South, has welcomed today’s announcement on a major investigation into the business practices of the big six energy companies.
Labour has been campaigning across Milton Keynes for a price freeze and action to deal with the rising price of energy bills. Last weekend Shadow Chief Secretary to the Treasury, Chris Leslie MP, joined local Labour campaigners in Bletchley to collect signatures on their petition on energy prices.
Labour Leader Ed Miliband MP made freezing energy prices and a investigation into the energy market the centre piece of his party conference speech last September.
Andrew Pakes, Labour & Co-operative Parliamentary Candidate for Milton Keynes South, said: “It is clear from speaking to businesses and householders across MK that energy bills are one of the major costs out there. With prices rising faster than wages, concern about rising energy bills is at a high.
“We need a fair and transparent market so that businesses and residents know that they are getting a competitive price for the energy they use. The government have been in denial about the problems facing the energy market. At long last, however, it looks like we are getting some real action from Ofgem.”
The details of the Ofgem inquiry can be found here: https://www.ofgem.gov.uk/press-releases/ofgem-proposes-reference-cma-investigate-energy-market