Energy Secretary Ed Miliband stands accused of breaking his promise to cut energy bills as it was announced today that they will rise again. Regulator Ofgem has increased the energy price cap by 0.2% for the period covering January to March 2026. It means for an average household paying by Direct Debit for gas and electricity , the overall bill will be £1,758 per year. This is up from £1,690 in June 2024, when Labour gained power.
But Mr Miliband has vowed to to cut energy bills by £300 by 2030 - and today’s announcement shows prices are going in the wrong direction. Claire Coutinho, Shadow Energy Secretary, said: “Ed Miliband promised to cut everyone’s energy bills by £300 but more and more experts are sounding the alarm that his plans will lock us into paying higher bills for deca

Sunday Express

The Conversation