Prime Minister David Cameron promised on Sunday to cut rising energy costs, seeking to regain the initiative from the Labour Party that has pledged to freeze bills if it wins the next election in 2015.
Cameron said his government would set out measures to cut bills by an average of 50 pounds ($81.90) a year in an economic update on Thursday which the Chancellor of the Exchequer George Osborne said he would use to carry on reducing Britain's budget deficit, even as the economy recovers.
The soaring cost of household energy has dominated political debate in Britain since Labour leader Ed Miliband said in September that his party would freeze bills for 20 months if it wins power.
Source: Reuters
