The Labour Party is calling on the Government to introduce a price cap on energy to help households and businesses with rising costs. "We believe that the sort of unprecedented price rises we've seen over recent weeks in energy bills for people simply are not sustainable. "What we want Government to do is to accept in principle that they should be imposing price caps on energy bills to ensure that people would have greater certainty. "We're seeing huge fear, huge, huge distress at the daily reports of rises by gas and electricity companies," she told RTÉ Radio. Ms Bacik said price caps have been introduced effectively in other countries such as Spain and Portugal.

Source: Irish Examiner September 05, 2022 08:25 UTC