MSE News: We'll freeze energy prices, Ed Miliband tells Labour conference

Former_MSE_Darryl

"Gas and electricity prices will be frozen for 20 months after the 2015 general election if Labour wins power, Ed Miliband has told his party's annual conference..."

Read the full story:

We'll freeze energy prices, Ed Miliband tells Labour conference



Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.

rogerblack

Utter, utter insanity.
Price caps in a market where the major costs are internal are bad enough - but when it's linked to world commodity prices, it's insane.
The very worst of sound-bite policy making.

dude89

What a load of s#*t. Headline grabbing, completely unrealistic policy. The only way we will be able to stabilise prices is when we get self sufficient. Investment in the correct infrastructure is what is needed, not empty promises

neas

I also heard he is promising to give every family in england 10,000 pound if he is elected.

Same thing... the guy really doesn't understand the people or economics?

MillicentBystander

Leader Of Opposition In Vote Buying Scandal Who'd have thunk it, eh? As much chance of this happening when Labour get back in in 2015 as HS2 going ahead. Both ideas are basically silly willy waving. I remember Ed being Energy Minister and being very ineffectual...chose the wrong brother, that party.

michaels

Welcome to Venezuela where you can't even get toilet paper because they fixed prices below the cost of manufacture.

adey

Has Ed Milliband just cost the British people MORE in enegry bills? What he said today was extremely dangerous in my opinion. Its obvious that energy companies will now put their prices up as much as they can and considerably more than expected before the next election happens, in order to cover their profits in case Big brother labour get back into downing street.
What Mr Milliband said was merely headline grabbing and will push even more people into poverty. The 3 main parties are all the same in my opinion- I'm sure I am not the only person in the country who thinks these politicians are a bunch of self serving muppets who couldnt run a bath between them.

mbrock

Not surprised at the industry outcry, including npower's CEO - so if price fixing is so terrible, how come his own company is offering a fixed-price deal until 2017?

yangptangkipperbang

..............and he's going to make the sun shine EVERY day as well :rotfl::rotfl::rotfl::rotfl::rotfl:

What a plonker !!!!

DragonQ

Wow, this makes so little sense. You can't promise something like that when it, very obviously, can't be delivered. I have no sympathy for the energy companies though, their very existence !!!!es me off.

Either make the industry properly competitive or just renationalise it all. Anything else is a waste of time (or worse). We need to become self-sufficient with mostly green energy sources, and for that there has to be a long-term plan in place. The current providers do nothing about this unless forced because it hurts their huge profits.

TattyBear

This Marxist idiot makes Kinnock look useful.

God help this country if Labour wins the next general election.