The Daily T

Why ‘absurd’ Labour won’t cut your energy bills

6 snips
Mar 30, 2026
Claire Coutinho, Conservative MP and Shadow Energy Secretary, outlines her take on UK energy policy and North Sea drilling. She argues for domestic production, critiques net zero priorities and discusses plans to cut household electricity costs. The conversation also touches on nuclear, land use and concerns about offshoring emissions.
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INSIGHT

North Sea Production Lowers Bills Through Revenue Not Price

  • Claire Coutinho argues UK gas prices are regionally linked but North Sea production still matters for tax revenue and security.
  • She cites independent analysis of £25bn tax over 10 years and reduced LNG dependence (6% vs 50% in 2035) as concrete benefits.
ADVICE

Cut Levies And Subsidies To Reduce Bills Now

  • Coutinho recommends cutting taxes, levies and outdated renewable subsidies to shave ~£200 off average household bills.
  • She specifies removing VAT, carbon tax and old wind subsidies to cut business electricity costs by about 20% without using taxpayer funds.
ADVICE

Pair Temporary VAT Cut With Subsidy Savings

  • She says the VAT cut would be immediate for three years funded by scrapping old renewable subsidies and later sustained by North Sea tax revenue.
  • Implementation plan links short‑term VAT relief to identified savings and long‑term North Sea receipts.
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