Labour’s energy bill freeze makes more sense politically than economically
by Larry Elliott from Economics | The Guardian on (#62H39)
Criticisms of proposals are many, and price tag of 30bn assumes it will be needed for only six months
The politics of Labour's plan to freeze energy bills for all households this winter are simple. With Boris Johnson's government in its death throes and the two candidates to succeed him at loggerheads over what to do, Sir Keir Starmer has come up with proposals that are big, costed and timely. They will put pressure on Liz Truss or Rishi Sunak to come up with something equally ambitious.
The economics of the package are less clear cut, and have already been attacked by critics on the left and the right.
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