Monday 12 February 2024

Labour’s energy investment U-turn sparks voter concerns

Labour's unexpected change in direction regarding energy investment plans has raised concerns among voters, according to recent polling by Opinium for the Energy and Climate Intelligence Unit (ECIU).

The poll found that 31% of respondents believed Labour's decision would negatively affect the cost of energy bills for ordinary people, compared to only 15% who thought it would have a positive impact.

Analysts warn that insufficient investment could result in higher energy costs and increased vulnerability, particularly in light of recent gas crises.

Approximately twice as many respondents (33%) believed that Labour's U-turn would negatively impact "Britain's ability to control its own energy supply" compared to those (17%) who perceived a positive impact, according to the survey.

Moreover, a higher percentage of people (43%) viewed the U-turn as indicative of Labour having "no real plan for what it would do differently if it wins power" than those (25%) who believed it demonstrated "responsibility with the nation's finances" if the party were to come into power.