Barnet Labour’s Cost of Living Crisis Petition
UNDER THE CONSERVATIVES:
- Working families’ pay is DOWN by £1300
- Your taxes and National Insurance have gone UP
- The energy price cap will go UP to £3500 this autumn
- Food and petrol prices are UP
- Local people are working hard, paying more and getting less
BUT LABOUR HAS A PLAN:
- Freeze the energy price cap so you don’t pay a penny more on winter fuel bills, saving the average family £1000
- Insulate 19 million homes in the next 10 years through Labour’s Warm Homes Plan
- Freezing the energy price cap will bring inflation down by 4%, easing the burden on households and businesses
- We will secure our energy supply to protect against future shocks and build Britain’s energy independence
Help us send a message to this zombie Conservative Government – sign our petition!
Only Labour can solve the cost of living crisis.
- a freeze in energy bills for all domestic energy customers
- support for customers not protected by the price cap
- making sure the price people on prepayments meters pay for energy is the same as people who pay their bills monthly
- and it would cover households off grid from both gas and electricity.
Stopping energy bills from rising is a fully-funded measure. Labour would pay for that in three ways:
First, with increased tax revenues from oil and gas producers. Labour would close the Government’s absurd loophole in their Energy profits levy, backdate the start date to when Labour first called for a windfall tax to January, and accounting for higher gas and oil prices, would raise £8bn.
Second, we would use the already-pledged £14bn of non-targeted funding to prevent bills from rising, giving people the security to plan ahead, rather than giving that money back in hand-outs later on.
Finally, by keeping energy bills down, we’ll reduce the rate of inflation, leading to a reduction in government debt interest payments of £7bn.
The Warm Homes Plan and investment in sustainable British energy would be funded from Labour’s Climate Investment Pledge, a plan to tackle the climate crisis, strengthen our energy security, create good jobs in new industries, and cut bills for good.