Queen's death won't affect energy bill freeze, No 10 insists
No 10 said he didn't believe in the period of mourning for the death of Queen Elizabeth II will impact Liz Truss's new policy to prevent annual household energy bills from exceeding £2,500.
Spokesperson Prime Minister's official said on Friday that the two-year energy price guarantee will be ready for households from October 1, as planned.
It was feared that the 10-day parliamentary recess for mourning prevent emergency legislation needed to prevent the energy price cap from automatically rising to just over £3,500 on October 1.
But a spokesperson for the number 10 said: "We are implementing c This was originally guaranteed through private contracts with suppliers rather than through legislation - so this mourning period does not affect this introduction.
He added: “We are now urgently working on the broader aspects of the policy to ensure it can be enforced. As things stand, we don't believe the mourning period would impact the execution of the policy.
This comes as the Department for Business, Energy and Industrial Strategy (BEIS) has confirmed that people with fixed tariffs could benefit from the energy price guarantee of £2,500.
RecommendedQueen's death – latest: King Charles greets well-wishers at Buckingham Palace Bank of England postpones interest rate announcement after Queen's deathThe energy billing plan by Liz Truss is not enough help, according to the publicThere had been fears that people with fixed rates would have to cancel their agreement and switch to a variable rate, after the economics expert money Martin Lewis has flagged the issue.
But those fixed rate customers 'do not need to take any action to receive the benefits of this scheme,' a BEIS spokesperson told the BBC on...
No 10 said he didn't believe in the period of mourning for the death of Queen Elizabeth II will impact Liz Truss's new policy to prevent annual household energy bills from exceeding £2,500.
Spokesperson Prime Minister's official said on Friday that the two-year energy price guarantee will be ready for households from October 1, as planned.
It was feared that the 10-day parliamentary recess for mourning prevent emergency legislation needed to prevent the energy price cap from automatically rising to just over £3,500 on October 1.
But a spokesperson for the number 10 said: "We are implementing c This was originally guaranteed through private contracts with suppliers rather than through legislation - so this mourning period does not affect this introduction.
He added: “We are now urgently working on the broader aspects of the policy to ensure it can be enforced. As things stand, we don't believe the mourning period would impact the execution of the policy.
This comes as the Department for Business, Energy and Industrial Strategy (BEIS) has confirmed that people with fixed tariffs could benefit from the energy price guarantee of £2,500.
RecommendedQueen's death – latest: King Charles greets well-wishers at Buckingham Palace Bank of England postpones interest rate announcement after Queen's deathThe energy billing plan by Liz Truss is not enough help, according to the publicThere had been fears that people with fixed rates would have to cancel their agreement and switch to a variable rate, after the economics expert money Martin Lewis has flagged the issue.
But those fixed rate customers 'do not need to take any action to receive the benefits of this scheme,' a BEIS spokesperson told the BBC on...
What's Your Reaction?