Energy minister: ‘every penny’ levied on household energy bills will be scrutinised

But Michael Shanks says government will not be rushed into plans to reduce costs faced by households due to war in Iran

Britain’s energy minister has said “every penny” levied on household energy bills will be scrutinised after suppliers warned that households could face a price hike of £250 a year due to the war in Iran.

Michael Shanks told MPs that the government would stand ready to provide support wherever needed, but it would not be rushed into plans to reduce the costs faced by households or offer direct financial support.