Energy price caps ‘tend to have ADVERSE effects’ | Former UK trade adviser explains why

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GBNews published this video item, entitled “Energy price caps ‘tend to have ADVERSE effects’ | Former UK trade adviser explains why” – below is their description.

‘The cap tends to have adverse effects on production.’

Former UK Trade Advisor, Shanker Singham, explains why economists ‘don’t tend to favour price caps’ in light of the Government lowering energy bills from £3,280 to £2,074.

#energybills #energypricecap #costoflivingcrisis #uknews

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