Boris Johnson told energy firms that any ‘significant fiscal decisions’ to address soaring bills would be a matter for the next prime minister
The prime minister doubled down on his stance that it is a matter for his successor to address the issue.
When told that the boss of one British energy giant earns almost £11.5 million, Mr Spencer said: "That seems like a very large figure to me, and certainly on my salary and to my constituents that feels like a large figure. Executives are being asked to submit a breakdown of expected profits and payouts, as well as investment plans for the next three years.
Speaking in Belfast on Wednesday, he added: "What I want to do tomorrow is understand better how they're committed to that investment in gas, because whatever happens we need energy security and we've got a strong strategy that Kwasi and I will continue to push hard. Tory leadership candidate Mr Sunak told the BBC that it would be his "moral responsibility" to offer more help with bills if he were selected as prime minister, in particular to pensioners and those on benefits.
Mr Brown meanwhile told the Guardian that the Government should "pause any further increase in the cap" on bills, and negotiate lower rates with each individual company after examining their balance sheets."Time and tide wait for no-one. Neither do crises. They don't take holidays, and don't politely hang fire - certainly not to suit the convenience of a departing PM and the whims of two potential successors," the former Labour prime minister said.
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