To match an exact phrase, use quotation marks around the search term. eg. "Parliamentary Estate". Use "OR" or "AND" as link words to form more complex queries.

Keep yourself up-to-date with the latest developments by exploring our subscription options to receive notifications direct to your inbox

Written Question
Energy: Prices
Friday 3rd February 2023

Asked by: James Daly (Conservative - Bury North)

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department has made an assessment of the effect of a potential fall in wholesale energy prices on future levels of domestic energy prices.

Answered by Graham Stuart

Despite the recent fall in wholesale energy prices, energy markets remain volatile, and prices are still well above historical norms. Suppliers typically buy energy in advance of when it is delivered and Ofgem determines a maximum price they can charge consumers to recover the cost of this through the price cap. This means there can be a delay between changes in wholesale prices and these being reflected in consumer bills.

The Government’s Energy Price Guarantee (EPG) will save a typical household around £900 this winter.

Speech in Commons Chamber - Fri 25 Nov 2022
Electricity and Gas Transmission (Compensation) Bill

"It is an honour to speak in this debate. I was one of the sponsors of the Down Syndrome Act 2022, which was introduced by my right hon. Friend the Member for North Somerset (Dr Fox), and it was an honour to be part of that groundbreaking piece of legislation. …..."
James Daly - View Speech

View all James Daly (Con - Bury North) contributions to the debate on: Electricity and Gas Transmission (Compensation) Bill
Speech in Commons Chamber - Fri 25 Nov 2022
Electricity and Gas Transmission (Compensation) Bill

"As my right hon. Friend knows, I am open to anything, so I will certainly give that due consideration.

For infrastructure projects that are not related to residential use and have a negative impact on people’s everyday lives, their property and its value, my right hon. Friend the Member for …..."
James Daly - View Speech

View all James Daly (Con - Bury North) contributions to the debate on: Electricity and Gas Transmission (Compensation) Bill
Speech in Public Bill Committees - Thu 03 Nov 2022
Economic Crime and Corporate Transparency Bill (Eighth sitting)

"I refer to my entry in the Register of Members’ Financial Interests as a practising solicitor and a partner in a firm of solicitors. The right hon. Lady has essentially said that everybody involved in the legal sector and financial advisers are potentially dishonest. They absolutely are not. The vast …..."
James Daly - View Speech

View all James Daly (Con - Bury North) contributions to the debate on: Economic Crime and Corporate Transparency Bill (Eighth sitting)
Speech in Public Bill Committees - Thu 03 Nov 2022
Economic Crime and Corporate Transparency Bill (Eighth sitting)

"You said we cannot trust people in the sector...."
James Daly - View Speech

View all James Daly (Con - Bury North) contributions to the debate on: Economic Crime and Corporate Transparency Bill (Eighth sitting)
Speech in Commons Chamber - Fri 28 Oct 2022
Employment Relations (Flexible Working) Bill

"I draw the House’s attention to my entry in the Register of Members’ Financial Interests: I am a practising solicitor and a partner in a firm of solicitors.

I support the Bill, which I think is a perfectly reasonable Bill. I am pleased to support the hon. Member for Bolton …..."
James Daly - View Speech

View all James Daly (Con - Bury North) contributions to the debate on: Employment Relations (Flexible Working) Bill
Speech in Commons Chamber - Fri 28 Oct 2022
Employment Relations (Flexible Working) Bill

"As ever, my hon. Friend is absolutely correct. We have to be mindful of that. Again, the House has to understand the pressures on businesses. This is an extremely difficult time for businesses across the country. The concept of flexible working takes second place to being able to pay wages …..."
James Daly - View Speech

View all James Daly (Con - Bury North) contributions to the debate on: Employment Relations (Flexible Working) Bill
Speech in Commons Chamber - Fri 28 Oct 2022
Employment Relations (Flexible Working) Bill

"I thank the hon. Lady for her intervention. As I said at the start of my speech, that is the very reason why I support the Bill. It does not place burdensome legal responsibilities on employers, but, while I am not criticising the Bill or the good intentions that underpin …..."
James Daly - View Speech

View all James Daly (Con - Bury North) contributions to the debate on: Employment Relations (Flexible Working) Bill
Speech in Commons Chamber - Fri 28 Oct 2022
Employment Relations (Flexible Working) Bill

"My hon. Friend is making an excellent speech, but I want to touch on productivity, because that is the central point. It is great to offer people the chance to work in various different ways and by various means, but if that employee is not productive in that situation away …..."
James Daly - View Speech

View all James Daly (Con - Bury North) contributions to the debate on: Employment Relations (Flexible Working) Bill
Speech in Public Bill Committees - Tue 25 Oct 2022
Economic Crime and Corporate Transparency Bill (Second sitting)

"Q The first two words of the Bill’s title are “Economic Crime”. I think you said, Mr Swain, that you are a passive registry organisation, so how does the Bill help you to turn from a passive registry into somebody who can work with law enforcement to tackle economic …..."
James Daly - View Speech

View all James Daly (Con - Bury North) contributions to the debate on: Economic Crime and Corporate Transparency Bill (Second sitting)