Miliband Vows Massive Energy Price Cuts If He Takes Power

Labour’s Big Energy Promise: The Cut‑Price Crusade

As the election race heats up, one debate has everyone coming out of their blankets: Should the government step in to keep electricity and gas bills from blasting people out of their houses?

Ed’s Bold Move

Today, Ed Miliband put his flag squarely on the Labour side, pledging a 10% drop in energy prices this year if he takes office. The plan?

Give Ofgem a legal licence to really enforce those cuts

Call for a full price review later in the year

“We’ll Act Fast,” Ed Tells Us

Ed promised that, once Labour is in power, changes will hit the market “in months”. He called for legislation that forces the regulator to make sure consumers get the savings hot off the stove this winter.

Why Is the Price Craze So Big?

Famously high prices are still barely budging: gas bills have only been sliced by 1–5% and electricity? No drop at all.
Opponents, like Osborne, say the policy is “doesn’t add up.”

Labour’s Price Cap and the “Big Six”

Labour’s earlier promise to cap energy prices is already in motion. The “Big Six” providers have trimmed costs modestly since the start of the year, by up to 5%.

Will it Go Further?

Some analysts argue the bills could drop even more if Labour roars into action.
Others suspect that the current cuts are simply the result of the pressure cooker of political and public outrage that has been squeezing the companies.

Timelines? Power? Politics? One thing’s for sure: the energy debate is turning electric—except, this time, no one’s turning on the lights to pay the bill.

NOW READ:

The ultimate employers’ guide to apprentices & how to hire one

Hello! I’m ready to give your article a fresh, lively makeover. Could you please paste the text you’d like rewritten? Once I have it, I’ll transform it into a polished, readable piece with a dynamic style and a dash of personality. Thanks!

Sir Philip Green has sold BHS for £1 – here are 6 key facts about its new mysterious owner

I’d love to help you rework a news piece!
Could you please paste the article you’d like me to rewrite?

Britain joined a new Chinese bank and the US is really annoyed

I’m ready to transform your article into a fresh, engaging piece. Please paste the text you’d like reworked, and I’ll handle the rest!

Swedish prosecutors want to question Julian Assange in London

Sure, I’d love to help you re‑write the article!
Could you please paste the text you’d like me to transform? Once I have the original content, I’ll get to work and output a fresh, conversational version in clean HTML format.

Exit right: here are 5 Harvard drop-outs you need to know about

Hi! It looks like the text you’d like me to rewrite didn’t come through. Could you please paste the article (or the part you’d like updated) into your next message? I’ll be happy to help once I have the content.

Check out the luxury penthouse that’s actually INSIDE the St Pancras Station building

Never Miss a Beat!

3‑Minute Rule: If you’re not up to date in real‑time, you’re officially behind. Get instant updates on this post category straight to your device—no more scrolling through endless archives.

Why Subscribe?

Speed: Lag is a thing of the past. Beat the rush with instant alerts.
Relevance: We serve you only the stuff that matters—no fluff in your feed.
Convenience: One tap, done. No log‑ins, no complicated dashboards.
Extra Perks: Subscribers get exclusive previews, download links, and sneak‑peek offers.