Jesper With-Fogstrup comments:
“The past two years has been a tricky time for energy customers, particularly those floundering on Standard Variable Tariffs who have faced a series of price hikes from the Big Six and other providers. People are clearly worried by the cost of energy and any initiative which seeks to ease the burden of paying for gas and electricity will surely be welcomed by voters. A note of caution, however – the Conservatives’ well-intentioned price cap on energy is not necessarily the same as a freeze in energy price hikes. Indeed, they could be quite different. Depending on how it is implemented, there is a danger that a cap could have the opposite effect, with heightened levels of consumer inertia and reduced competition therefore pushing prices up across the board.
“Increasing state aid for elderly care ranks high up the list of people’s financial worries. The cost of care for the elderly is perceived as a national crisis; recent figures found that 1.2 million elderly people are not receiving the help they need, highlighting just how stretched carers are. With an increasingly aging population, issues such as elderly and healthcare have become key political battlegrounds, particularly given that the older you are, the more likely you are to vote. Our research makes clear that these are issues the public cares about and whoever inherits power in June, would be wise to take these views seriously.”