Starmer pledges to cut household energy bills by £400 if Labour win general election

Sir Keir Starmer has pledged to cut household energy bills by £400 if Labour win the general election.

He made the comments on the same day that it was announced the average bill is to fall by 7 per cent from July after Ofgem lowered its price cap in response to wholesale prices.

Appearing on Good Morning Britain on Friday 24 May, Sir Keir was asked “how much cheaper will our bills be under a Labour government?”

“We want to set up Great British Energy - that’s a publically owned company, making money for the taxpayer,” he responded.

“That ought to bring down household bills by about £400 - and that’s a permanent drop.”

Sir Keir went on to suggest the price cap is only a “short-term fix”.