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Lord Livermore (Lab)

Speaking in the House of Lords on 26 March 2026

Debate

Middle East: Economic Update

Contribution

I am grateful to the noble Earl for his question and his consistent support for the action we are taking on renewables. He is absolutely right that it is important that the Government enable the country to take control of its own energy supply. As he says and I have said, we are continuing to invest in renewables by lifting the ban on onshore wind and running the biggest ever floating offshore wind auction last year. On household energy bills, I have said that contingency planning is taking place for every eventuality. I agree with what he says about data, and of course that work is ongoing. It is very important that we keep costs down for everyone, while providing support for those who need it most and acting within our fiscal rules to keep inflation and interest rates as low as possible.

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