Tory MPs plot to water down Theresa May’s energy price cap pledge

PM refuses to confirm bills will definitely go down, as analysts say gas and electricity prices could rise despite cap

Theresa May will face a battle within her own party as well as with the energy companies if she decides to go ahead with a cap on gas and electricity prices.

A number of Tory MPs favouring free market policies, including some at senior ministerial level, feel the plan is far too interventionist for a Conservative government, and are aiming to water down the proposal in the next parliament.

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