Downing Street Says » Energy Companies

» Monday, March 3, 2008

Energy Companies

Asked for guidance on the meeting with energy companies, the PMS said that, as had been made clear at the weekend, suggestions of some sort of Downing Street summit with the energy companies were wide of the mark. It was not surprising that the Treasury and BERR spoke to the energy companies on a regular basis. Ministers were concerned about the effect that price rises had on vulnerable customers in particular.

Asked if that ruled out a windfall tax, the PMS replied that he did not think journalists expected him to comment on tax matters ahead of the Budget.

Asked if, rather than a summit, there had been any talks going on, the PMS said that it was not for him to get into specifics; these were issues that the Treasury and BERR were leading on. Of course there were meetings taking place with all sorts of companies, including energy companies, all of the time. The PMS went on to repeat his response to the specific suggestion that was made in one of the papers yesterday that there had been a big Downing Street summit; these reports had been wide of the mark.

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