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…