Labour’s energy bills crisis is getting worse. Political honesty is essential | Nils Pratley

Ofgem and ministers should be transparent about why energy bills for households are expected to stay stubbornly high Another Ofgem energy price cap day, another increase in bills . Miatta Fahnbulleh, the new energy secretary, can blame the usual culprit on Wednesday – the fossil fuel price “rollercoaster”, given a shove this time by Donald Trump’s Middle East misadventure. Higher gas prices will indeed be the main quarter-on-quarter reason why bills stand at a three-year high on a unit basis. But there is more to the tale on a longer view. Even when the gas rollercoaster dips downwards, the en

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