Bloomberg: Chris Warnes On The UK Energy Price Cap
February 09, 2022
Chris Warnes, Principal, spoke to Bloomberg on the UK’s energy price cap. Bloomberg highlighted that energy suppliers were left out of the final round of talks on how to shield British households from a huge spike in bills. Now they are grappling with a plan that may be hard to implement.
With UK households set to receive a 200-pound discount on bills, to be applied from October, Chris commented: “If everybody’s going to get 200 pounds, whether they were on a good deal or not, there will be complex questions about who the loan is attached to and how. The question will be how much of this detail did they manage to get to in the time.”
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