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Kemi Badenoch sends 'bankrupt Britain' warning after Starmer and Reeves's ￡300 promise

2025-07-24 00:00:00.0 每日快报-政治原网页

Kemi Badenoch has warned that Labour will 'bankrupt Britain' (Image: Getty)

Kemi Badenoch has warned that Labour’s “fantasy plans” to cut bills by ￡300 “with no plan will bankrupt Britain”. Sounding the alarm this morning the Tory leader said Keir Starmer, Rachel Reeves and Ed Miliband “could never deliver on that pledge”.

Ms Badenoch added that already cash strapped Brits “will pay the price of these ludicrous contracts”. The Labour Party repeatedly made the pledge during its General Election campaign last year with the Government increasing the maximum electricity price it is prepared to guarantee companies developing new wind farms.

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The maximum guaranteed price on offer for offshore wind farm developers will be ￡113 per megawatt-hour, up from ￡102/MWh last year. For onshore wind, the maximum price has climbed from ￡89 to ￡92/MWh. All prices are at 2024 levels.

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The Tory leader said Reeves and Starmer 'could never deliver on that pledge' (Image: Getty)

Taking to X the Tory leader said it “was always clear” that the plans would fail.

Ms Badenoch said: “This is why I warned that Net Zero targets with no plan will bankrupt Britain. Keir, Rachel and Ed promised to cut bills by ￡300.

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Ms Badenoch said it 'was always clear' that the plans would fail (Image: Getty)

This is why I warned that Net Zero targets with no plan will bankrupt Britain.

Keir, Rachel and Ed promised to cut bills by ￡300.

It was always clear they could never deliver on that pledge and now businesses and families will pay the price of these ludicrous contracts. https://t.co/9ojptcESZO

— Kemi Badenoch (@KemiBadenoch) July 24, 2025

It has been suggested that the government could be forced to pay the developers of new offshore wind farms not to produce electricity because the grid would be unable to transport it to people’s homes.

At the time Shadow Energy Secretary Claire Coutinho said: "Ed Miliband’s promise to cut bills by ￡300 was always a fantasy. This is what happens when you set yourself impossible climate targets and ignore the costs. In 2030 you’ll be paying around ￡100 in your energy bill to pay wind farms literally to switch off when it’s too windy."

The wind energy industry has faced rising costs over the past few years because of strained supply chains and higher interest rates, meaning many developers need higher guaranteed prices in order to finance their projects.