This is good stuff from Labour - preventing price rises and hitting the corporate profits that are the main driver of inflation.
The Times front page suggests that even 75% of tory voters support the Labour plan to windfall tax the energy companies to freeze energy bills. Truss's team will (or should) recognize that their 'tax cuts for the rich to 'solve inflation' fantasy is now dead. Effective in appealing to their members, but useless in the real world.
If Starmer's advisors are not totally cloth eared they will also learn two things a) that their caution and slowness is and will be portrayed as indecision and a lack of a plan and b) that now going further - for example by announcing that the energy companies, water companies and other key utilities will be bought back into public ownership by Labour - would be equally popular.
Leaving ideology etc out of it, not to now call for it would be shit political judgement on any measure. I fully expect Labour not to learn the lessons, but a clear plan based on public ownership, planning and a serious short and long term plan to grip energy supply and costs would put Labour in the box seat and an incoming Truss administration in a place where corporation tat cuts etc will build a mounting fury against it from day one.
Labour leader contrasts his party’s proposal to help households with the inaction of ‘lame duck’ government
www.theguardian.com