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Energy price cap soars : Call energy COBRA meeting and declare national emergency, demands Liberal Democrats Leader

May 24, 2022 3:24 PM

ed daveyOfgem has announced that the energy price cap will increase to £2,800 in October. The Leader of the Liberal Democrats has called on the Prime Minister to convene a special meeting of COBRA and declare a national cost of living emergency.

The 'Energy COBRA' would bring together Ofgem, energy company bosses and government officials and ministers to discuss solutions to the cost of living emergency, including a windfall tax on the super profits of oil and gas companies.

Leader of the Liberal Democrats Ed Davey said: "It is now or never to save families and pensioners on the brink. The government must declare the cost of living crisis a national emergency. Boris Johnson has sat on his hands for months, he cannot waste a single second longer.

"Millions of people will face the heartbreaking choice between heating their home and putting food on the table if the Government fails to act.

"The Prime Minister must finally show national leadership. An energy COBRA must be convened immediately, including hauling in energy firms to finally declare a windfall tax on their eye-watering profits.

"Britain will never forgive Boris Johnson if he fails to save families and pensioners in a national emergency."