Thursday 14 October 2021 / 11:45 AM Bridget Phillipson / Business / Economy / Energy

Bridget Phillipson responds to Rishi Sunak ruling out help for energy intensive industries

Bridget Phillipson MP, Labour’s Shadow Chief Secretary to the Treasury, responding to the Chancellor ruling out helping energy intensive industries, said:

“Our brilliant British industries are a crucial cornerstone of our economy, and we should be supporting them to boost our recovery.

“The Conservatives should be protecting and supporting them through a crisis which has come about from a severe lack of government planning.

“It doesn’t make economic sense, nor is it good value for money, to allow a temporary increase in prices to destroy British industries and jobs.

“The Chancellor should get a grip on this and support our industries – his complacent and out of touch approach is misguided and is storing up problems down the line that will leave working people paying the price.”