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Miliband Celebrates £117 Bill Cut — While Bills Are STILL £73 Higher Than When Labour Took Over

Tom Hartley2026-02-254 min read
Miliband Celebrates £117 Bill Cut — While Bills Are STILL £73 Higher Than When Labour Took Over
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Ed Miliband wants a pat on the back.

Ofgem announced a 7% cut to the energy price cap today, saving the average household £117 a year. Miliband's team were briefing journalists before the ink was dry. Mission accomplished. Bills are coming down. Thank your government.

There's just one problem. Actually, several.

First: Rachel Reeves promised a £150 cut in her last budget. She delivered £117. That's a miss by any measure, but don't expect anyone in government to mention it.

Second: energy bills are still £73 higher than when Labour took office. Higher. After all the talk of helping working families, of ending the Tory cost of living crisis, your energy bill is bigger today than it was under the Conservatives.

Third — and this is the one that should make your blood boil — Denmark just announced it's considering extending North Sea oil and gas licences to 2050. Their energy minister, Lars Aagaard, said it plainly: "I would have preferred that Europe could make do with green energy. But the reality is different."

Reality. There's a word Ed Miliband doesn't use much.

While Denmark drills, we close. While Denmark plans for energy independence, Miliband plans for windmills and prayers. The North Sea still has billions of barrels of recoverable oil. Jobs. Tax revenue. Energy security. All sitting there.

Instead, we import gas from Qatar and electricity from France and pretend that makes us green.

The energy price cap is a sticking plaster on a self-inflicted wound. Britain has the resources to be energy independent. We just have a government that would rather virtue signal than keep the lights on.

Drill, baby, drill. Or freeze.

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