Cost of Living
Debate between Ed Davey and Pete Wishart
Pete Wishart (Perth and North Perthshire) (SNP)
The Secretary of State mentions Government obsessions. Does he believe that the lofty ambitions he describes will be better achieved in or out of Europe?
Mr Davey
It did not take long for someone to mention Europe. The hon. Gentleman will be shocked to hear that, as a Liberal Democrat, I strongly support Britain’s membership of the EU.
The Government are taking other measures. We are cutting fuel duty, we have capped rail fares, and we are helping the most vulnerable with their energy bills. We are extending free nursery provision and helping working parents with child care costs. The Opposition do not like to talk about the Government’s record on jobs. We have helped to create 1 million private sector jobs since we came to power. We have 1 million apprenticeships. That is a record we should be proud of, and one the Labour party was not capable of delivering.
Gas Market Fraud
Debate between Ed Davey and Pete Wishart(11 years, 5 months ago)
Commons ChamberRead Full debate Read Hansard Text
Mr Davey
My hon. Friend is right; this is an excellent EU regulation, on which we have been leading the way and which we believe has a great role to play. The regulation might not be relevant to these allegations or to the particular abuse, if abuse is found. I do not want to prejudge the investigations by Ofgem and the FSA, but he is right to say that the coalition Government are taking action to stiffen regulation in this area.
Pete Wishart (Perth and North Perthshire) (SNP)
If the allegations are true, it will mean that the hard-pressed energy consumer has suffered artificially high prices. Fining the energy companies would not be enough. Will the Secretary of State guarantee that the consumer will benefit from reduced costs, and that if he does not have the powers to achieve that, he will get them?
Mr Davey
Again, we should not speculate. We do not know whether an offence has been committed, and we do not know what the implications of any such offence might be for individual consumers, for companies or for markets. We must not jump to conclusions but, as I said to my hon. Friend the Member for St Albans (Mrs Main), if it turns out that there has been detriment to consumers, there are powers to give them redress under existing law.