
How the Big Six misled the Energy and Climate Change Committee
If it’s not wholesale prices or green levies that are causing such large spikes in the retail price, then what is?

If it’s not wholesale prices or green levies that are causing such large spikes in the retail price, then what is?

This very helpful graph from IPPR sets out exactly why the failure of competition between the Big Six energy companies is having such an impact on household energy bills.

At today’s Energy and Climate Change Committee the bosses of the Big Six are likely to face a grilling by MPs over recent hikes in customer bills.

Miliband is not only taking on the Big Six energy companies, he is pushing back against a public fatalism about government power to effect change that has been over 30 years in the making.

The figures released by Ofgem today should in no way create the sense that the price of wholesale gas is not the main cause of rising energy bills.

Look Left, our daily political round up, will be going out shortly.

The most remarkable thing about this morning’s coverage of the quarterely GDP figures is how lightly George Osborne is getting off.

UK GDP grew by 0.8 per cent in the third quarter of 2013, according to the latest quarterly national accounts from the Office for National Statistics (ONS).

Scottish Power (SP) has just announced that it is to put up the price of its gas by an average of 8.5 per cent and electric by 9 per cent from 6 December.

Aside from the fact that green levies make up just a fraction of the cost of an average energy bill, there are a number of reasons why you should be suspicious of David Cameron’s latest move on green energy.