Boris Johnson has said he will continue to press the energy sector to “work on ways” to help ease the cost of living crisis – but announced no new government support after crunch talks.
Resisting pressure to act immediately, the outgoing prime minister said after a meeting with the electricity sector in Downing Street that it will be for his successor in No 10 to make “significant fiscal decisions”.
The Treasury said that Nadhim Zahawi, the chancellor, and energy bosses agreed to “work closely” over the coming weeks to ensure vulnerable customers are supported in the face of rising costs.
In a warning to companies and amid reports of a more stringent windfall tax, he also stressed the government will continue to evaluate “appropriate and proportionate” steps in the face of extraordinary profits.
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