Debate Magazine
Labour detonated the "cost of living" bomb by proposing a price freeze for gas and electricity if they won the next election, which backfired most spectacularly. The Tories said that was anti free market nonsense and wouldn't work, there would be power cuts, the economy would grind to a halt and from there on, society would descent into anarchy etc. But just to show their sharing, caring side, the Tories have spent the last two months proposing price caps for, or "help with the cost of", the following: Energy and water bills, the cost of housing, the fees paid for everyday financial services, the expense of rail and road travel Rail commuters' season tickets and a curb on bank fees Petrol and diesel prices Water bills Mobile phone bills Pay-day loan interest rates And of course there are also the Homey voters' favourites: a freeze on Council Tax, the Help To Buy scheme and artificially depressed interest rates.
