Brown Calls For Emergency Budget And End Of Price Cap

Former Labour PM Gordon Brown says 'several urgently needed decisions' need to be taken

- Joe Middleton

Gordon Brown has called for the government to drop the energy price cap and temporarily renationalise energy companies which are not able to offer customers lower energy bills.

Writing in The Guardian, the former Labour prime minister compared the current cost of living crisis and soaring energy costs to the 2008 banking disaster.

In a broadside at Boris Johnson – who has been enjoying a trip to Slovenia in recent days – Mr Brown said that in a crisis leaders “don’t take holidays, and don’t politely hang fire”.

He said that “several urgently needed decisions” must be taken and these could include suspending or reforming the energy price cap, a tax on bonuses in the City and a windfall tax on gas and oil companies.