Business of the House

Wholesale energy prices for suppliers may have returned to normal, but Bonar Yarns in my Dundee constituency, which has produced specialist textiles and supplied some of the world’s largest sporting venues for more than 100 years, is facing closure because of what looks like price gouging. The company changed ownership earlier this year, but I understand that the existing energy supplier, Brook Green Supply, has quoted a 400% increase without adequate explanation and despite no increase in usage. Many businesses are being held to ransom with high energy costs. Can we have an urgent statement from the UK Government on what reforms they are considering to end the corporate daylight robbery by energy companies, which is putting businesses and communities at risk?