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Ahead of the Chancellor’s mini-budget on Thursday, exclusive polling for one of the UK’s leading energy trade bodies, the Energy and Utilities Alliance (EUA), has confirmed public sentiment is clearly in favour of protecting people against high prices by keeping the Energy Price Cap and applying a windfall tax on the excessive profits of energy companies.

Comment from energy expert and CEO of the Energy and Utilities Alliance, Mike Foster, on the recent announcements made by the new Chancellor.

The expected surge in the energy Price Cap to a rumoured £4,266 in January 2023 is not only causing distress for households but has also blown a hole in the Government's domestic heating strategy.

Speculation that the energy price cap will soar to over £3,300 by October and further to £4,200 in January 2023 has called into question whether subsidising heat pump installations is the best use of taxpayer’s cash.