Ed Miliband has revealed he is willing to go further than his planned freeze on energy bills and intervene in other markets to help bring down living costs.
The Labour leader said he is prepared to unveil more interventionist policies in the interests of the consumer, despite being branded “Red Ed” in the right-wing press over his proposals to shake up the energy industry.
Speaking to BBC Radio 5, Miliband said he would do whatever it takes to mend the link between growth and living standards, after winning popular support for his plan to freeze energy prices for 20 months.
Asked whether this could include intervening in other markets, he said: “Yes, we will be doing more to show the difference a Labour government would make … we will tackle the cost of living crisis and one of the ways we’ll do it is by making markets work in the public interest.”
It’s undoubtably popular and democracy is indeed that the people should get what they want. Good and hard.
Which is what everyone will have to spend the subsequent decade clearing up of course.