Miatta Fahnbulleh

Miatta Fahnbulleh

Labour (Co-op) — Peckham

Speaking in the House of Commons on 15 July 2025

Debate

Energy Costs: Businesses

Contribution

My hon. Friend is completely right to stress the challenges faced by businesses. The Government are committed to backing businesses. We are working with the regulator to make sure that the system is fair for everyone and, as is set out in our industrial strategy, from 2027 the new British industrial competitiveness scheme will reduce electricity costs by up to £40 per megawatt-hour, which will benefit thousands of electricity-intensive industries, including the ones in his constituency. We are very clear that we are backing businesses, and we will do everything we can to support them in driving down bills.

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