Labour announces plan to freeze energy price cap with reinforced windfall tax

Keir Starmer says people won't pay a penny more' and that plan would reduce inflation

Keir Starmer has put a beefed-up 8bn windfall tax on energy company profits at the heart of a new plan to stop people having to pay a penny more" on fuel bills this winter.

The Labour leader confirmed that under his plan the energy price cap would be frozen at the current level, meaning that an expected 80% rise in October - taking an average household bill to about 3,600 - would not go ahead.