On Thursday, a jump in inflation was accredited to higher-than-expected energy prices, as well as rising water bills and bus fares.
It came as the Bank of England cut interest rates to 4.5% but painted a gloomy picture for the UK economy overall.
Former Labour leader Mr Miliband told the BBC the UK is in the "grip" of markets run by "petroIstates" and home-sourced energy - could help reassert control.
This story is from the February 08, 2025 edition of Manchester Evening News.
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This story is from the February 08, 2025 edition of Manchester Evening News.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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