Miliband 'calling time on a market that isn't working'

"Somebody's got to call time on a market that is not working," Ed Miliband told ITV News political editor Tom Bradby today, speaking about his plans to tackle household energy prices.

The Labour leader said a two-year price freeze would allow a Government to "get in place a new regulator who can do precisely what the current regular can't - which is when wholesale price reductions aren't passed on, cut people's prices."

Advertisement

Mandelson attacks energy plan

Lord Mandelson has warned that Ed Miliband's plan to freeze energy bills risks taking Labour "backwards."