Keir Starmer says Labour wouldn’t let people pay a penny more on their fuel bill this winter as party unveils plan to save typical family £1,000.

Keir Starmer set out on Monday that Labour “wouldn’t let people pay a penny more” on their winter fuel bills as he unveiled the party’s plan to address the Tory cost of living crisis.

The Labour leader said that the party’s plan to stop bills rising this winter would save the typical family £1,000 now, get energy costs under control for the future and help tackle inflation.

Labour’s fully-funded £29bn plan would prevent the energy price cap rising through the winter, paid for by extra tax from oil and gas giants who are making eye-watering profits.

The emergency package announced by Keir Starmer would reduce energy demand and lower bills in the longer term by insulating 19 million homes across the country over the next decade through Labour’s Warm Homes Plan.

Lynn Jefferis, Labour Spokesperson for Bocking North said “This is the right policy at the right time to tackle the issue that so many residents are facing. Whilst the Conservatives focus only on electing their next leader, Labour is showing the leadership this country so desperately needs.”

Labour had originally urged the government to implement this plan a year ago. If they’d acted, they could have insulated 2 million of the coldest homes by this winter – saving the typical household an additional £1,000 every year on their energy bills.

Freezing the price cap will bring inflation down by 4%, making future interest rate rises less likely and easing the burden on households and businesses.

Further plans include a plan to secure our energy supply to make sure we’re protected against future shocks and build Britain’s energy independence.

Labour would stop bills rising now, and create sustainable energy for the future – helping people get through the winter while providing the foundations for a stronger, more secure economy.