Good politics, bad policy. That was the verdict on Ed Miliband’s energy price cap eventually settled on by self-appointed sages

Good politics, bad policy. That was the verdict on Ed Miliband’s energy price cap eventually settled on by the self-appointed sages of all parties in SW1 after, that is, their initial dismissal of a dangerous Bolshevik ruse ran up against awkward opinion poll evidence indicating that the voters were keen.

The political cognoscenti remained convinced, though, that the cap’s only appeal was to those who hadn’t thought the energy market through.