Rachel Reeves

Rachel Reeves

Labour — Leeds West and Pudsey

Speaking in the House of Commons on 24 March 2026

Debate

Middle East: Economic Update

Contribution

I would be very happy to see the particular details of that constituent, because energy companies—through both fixed and variable tariffs—are passing on that £150 reduction that I introduced in the Budget by getting rid of the energy company obligation levy entirely and by moving other levies from bills on to general taxation. I am happy to look at the particular circumstances of that individual, but people should be getting, on average, a £117 cut in their energy bills from 1 April.

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