Julian Jessop comments in City AM

Julian Jessop, Chief Economist at the Institute of Economic Affairs has commented in City AM on the proposed energy price cap.

In the article Julian argues that a cap would likely backfire with companies finding some way around them: either by pushing prices higher now in anticipation of the cap; by increasing their lower prices to offset it at the top; or even by cutting back on much-needed investment in the sector to make savings.

Read the full article here.