questionText: To ask the Secretary of State for Business and Trade, with reference to HM Treasury’s press release entitled Chancellor commits to new anti-profiteering powers and fights back on rising bills, published on 20 May 2026, what assessment he has made of the potential impact of the proposed powers on business confidence.
answerText: Bearing down on the cost of living is a priority for the government, including addressing the impact of the Iran conflict. My officials are rapidly developing legislation to grant the Competition and Markets Authority (CMA), and potentially other regulato...
heading: Billing: Profits