Plans to cap energy prices return

The Conservative Party Conference has heard how energy prices could be capped, saving 12 million consumers an average of £100 a year.

The Tory election promise, which would apply to customers currently on a standard variable tariff, is expected to be included in the upcoming draft Parliamentary bill, despite being omitted from June's Queen's Speech.

Claiming that the energy market is broken, Prime Minister Theresa May said: “The energy market punishes loyalty with higher prices, and the most loyal customers are often those with lower incomes, the elderly, people with lower qualifications and people who rent their homes.”