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Tuesday, 06 September, 2022

Institute For Fiscal Studies on freezing the energy price: “

Institute For Fiscal Studies on freezing the energy price: ”
terrible idea but may be unavoidable”

Describing an energy bill freeze as “a terrible policy — but
maybe one we can’t avoid”, IFX said: “The problems with it are
twofold. It’s enormously expensive and a lot of money goes to
people who don’t need it, and [secondly] if you’re holding
prices constant what takes the strain is supply, so that
increases the risk that you’ll end up with shortages.”

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