In total agreement.
National News Cost of Living Crisis
- Thread starter Essexyellows
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In total agreement.
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Martin Lewis can sleep easily.If we consume 100 units at £1 a unit the bill is £100.
If we consume 100 units at £2 a unit the bill is £200.
Similar to the standing charge there are still only 365 days in the year.
How is anyone going to hit £4-5,000 in energy consumption/charges? That's the thick part of £100 a week!
According to this https://www.smartenergygb.org/smart...rice-cap-and-will-it-affect-your-energy-bills
It only applies to a "default tariff" (from above) "For example, if your tariff runs out and you don’t select a new one or switch supplier, you’ll be put on a default tariff."
Maybe we have been to proactive by committing to a new 2 year tariff deal starting 1st September?.
Peterdev
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I am broadly in agreement, having studied to A level Economics and beyond. there is an argument that interest rates should have gone up quicker and more back in October last year.
I think the inflation has been caused to a bigger degree not only by the government delaying the inevitable with interest rate rises but also with increased borrowing to fund benefits and various major shortcomings in the economy.
Apart from hugely rising energy costs that will also act as a factor causing a recession we have the fallout yet to be seen in hospitality. In the event of a cold winter, their costs already seriously hit by rising food prices will also face huge prices in fuel for heating and cooking. I know they are also facing bigger business rates charges too.
Some people will argue there are too many restaurants and pubs, but the more widespread risks will be all those who supply hospitality not only with food, but also maintenance in so many ways. Ultimately many lives are going to be turned upside down.
I also think that the government are not in a position to do a lot more because borrowing costs will be rising dramatically. They can’t really put up taxes or reduce expenditure as that will have repercussions.
As for Liz Truss arguing that she will end the green tariff, that will make little difference. Reducing taxes in normal circumstances would be applauded by many, but in the situation we find ourselves in now might be thought of as irresponsible.
There are no easy solutions. The country is a dreadful mess, and with over 100000 homeless still finds money to spend on projects that are either unsustainable…HS2 springs to mind, or helping with the Indian space project, when it should be looking to help its own people
I think the inflation has been caused to a bigger degree not only by the government delaying the inevitable with interest rate rises but also with increased borrowing to fund benefits and various major shortcomings in the economy.
Apart from hugely rising energy costs that will also act as a factor causing a recession we have the fallout yet to be seen in hospitality. In the event of a cold winter, their costs already seriously hit by rising food prices will also face huge prices in fuel for heating and cooking. I know they are also facing bigger business rates charges too.
Some people will argue there are too many restaurants and pubs, but the more widespread risks will be all those who supply hospitality not only with food, but also maintenance in so many ways. Ultimately many lives are going to be turned upside down.
I also think that the government are not in a position to do a lot more because borrowing costs will be rising dramatically. They can’t really put up taxes or reduce expenditure as that will have repercussions.
As for Liz Truss arguing that she will end the green tariff, that will make little difference. Reducing taxes in normal circumstances would be applauded by many, but in the situation we find ourselves in now might be thought of as irresponsible.
There are no easy solutions. The country is a dreadful mess, and with over 100000 homeless still finds money to spend on projects that are either unsustainable…HS2 springs to mind, or helping with the Indian space project, when it should be looking to help its own people
OUFCGav
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Hence why the Bank of England has actually been quite conservative with rate rises despite criticism (mostly from big C Conservatives who want to distract from the fact they are in government)
Scotchegg
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If we consume 100 units at £1 a unit the bill is £100.
If we consume 100 units at £2 a unit the bill is £200.
Similar to the standing charge there are still only 365 days in the year.
How is anyone going to hit £4-5,000 in energy consumption/charges? That's the thick part of £100 a week!
According to this https://www.smartenergygb.org/smart...rice-cap-and-will-it-affect-your-energy-bills
It only applies to a "default tariff" (from above) "For example, if your tariff runs out and you don’t select a new one or switch supplier, you’ll be put on a default tariff."
Maybe we have been to proactive by committing to a new 2 year tariff deal starting 1st September?
The problem with that argument is that the cost of each unit hasn't doubled, it's gone up by around 850%.
Even with certain caps in place, these 100 units are no longer costing £100 but £300-500. Very few have the capacity to pay that extra amount so it's likely that they'll have to reduce their usage from 100 units to 20-30 units, which means turning heating off for the poorest and often most vulnerable is society. In 2022!
And that's without taking into account the increase that fuel costs will have on food production, distribution and retail, with the average food bill likely to double by the end of the year.
It might not affect you, but millions of children and the elderly will go to bed cold and hungry this winter, and that should never be acceptable.
Sheik djibouti
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Yeah!!!
https://www.dailymail.co.uk/news/ar...aid-farce-Britains-aid-India-RISES-third.html
Bloody Tories!
If you look at the bigger picture, this is ALL about keeping them sweet for the land of milk and honey trade deals we expect to land in our laps from both India and China any day now......
Or maybe we've just been taken for mugs.....again
Not to worry....I'm sure National Truss will be wading in with her own unique brand of diplomacy any day now.
God help us all
MarkG
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Energy price cap
The energy price cap is a limit on the price people pay for their energy.
Table explains it quite clearly how the capped rates have gone up, and that it is not a cap on the total bill.
The standing charges are I think fixed per property, so here for instance the electric has gone from 25p per day to 45p per day, and gas from 26p to 27p, that is still a 41% increase and an annual bill from £182 to £262.
The per kWh caps have gone for gas from 0.04 to 0.07, or on my bills from 0.03859 to 0.0697 so an 80% increase.
Wholesale natural gas prices, which is I believe what the kWh rates for domestic supplies are based on, have soared by several hundreds of %, and the obvious danger is that gets reflected in the price cap getting raised as well. So the dimwit answer of use 100 units at 4p, or 10 units at 40p to pay the same bill means a huge reduction in usage.
OUFCGav
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The Tories have clearly said aid should be linked to direct benefits for the UK (as opposed to indirect like reduction in number of refugees travelling for example). So aid to India/China isn't real aid, it is just bribery linked to trade deals.Yeah!!!
https://www.dailymail.co.uk/news/ar...aid-farce-Britains-aid-India-RISES-third.html
Bloody Tories!
If you look at the bigger picture, this is ALL about keeping them sweet for the land of milk and honey trade deals we expect to land in our laps from both India and China any day now......
Or maybe we've just been taken for mugs.....again
Not to worry....I'm sure National Truss will be wading in with her own unique brand of diplomacy any day now.
God help us all
Essexyellows
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Reducing oil/gas fuel usage by making it unaffordable is good for the planet ................... just need the Greener options to catch up.
So many questions -
Why aren`t new build houses mandated to have solar etc?
Why aren`t we looking for shale gas?
Do we use productive farmland to feed the nation or power it?
Petrol price update - £162.1 a litre
So many questions -
Why aren`t new build houses mandated to have solar etc?
Why aren`t we looking for shale gas?
Do we use productive farmland to feed the nation or power it?
Petrol price update - £162.1 a litre
Big Ron
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So only around 30p or so more expensive than last August. Bloody media implying things are worse than they actually are!Reducing oil/gas fuel usage by making it unaffordable is good for the planet ................... just need the Greener options to catch up.
So many questions -
Why aren`t new build houses mandated to have solar etc?
Why aren`t we looking for shale gas?
Do we use productive farmland to feed the nation or power it?
Petrol price update - £162.1 a litre
Sheik djibouti
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Why don't you ask the party you voted for who have been in power for the last 12 years. Ask them why they have decided that making the rich, rcher was their number one priority. They have royally screwed everyone else over...and still the puppets dance to the tune.Reducing oil/gas fuel usage by making it unaffordable is good for the planet ................... just need the Greener options to catch up.
So many questions -
Why aren`t new build houses mandated to have solar etc?
Why aren`t we looking for shale gas?
Do we use productive farmland to feed the nation or power it?
Petrol price update - £162.1 a litre
Typical fanboy behaviour...ignoring inconvenient facts
Sheik djibouti
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And meanwhile, Boris takes time away from his sun lounger to visit Kiev
What a guy!!
What a guy!!
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Sheik djibouti
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Almost the same amount we give to China and India annually....but more chance of a "milk & honey" trade deal with those two....got to keep 'em sweet
Essexyellows
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Why don't you ask the party you voted for who have been in power for the last 12 years. Ask them why they have decided that making the rich, rcher was their number one priority. They have royally screwed everyone else over...and still the puppets dance to the tune.
Typical fanboy behaviour...ignoring inconvenient facts
They are all as bad as each other. No matter who we vote for we get politicians.
You know it, you just think the grass is greener on the other side of the fence. The reality is the grass over the fence is just as barren.
Had a great chat today with one of our local Labour ward councillors.
We have 3 of them, all Labour, one was elected as ceremonial mayor so is "too busy to do ward stuff". The second went AWOL about 18 months ago, still gets her allowance, and does nothing.
Gary (the one left to cover the entire ward) is so fed up with "Local internal Labour Party issues that flow from the national party" (his words not mine) he`s considering standing as an independent.
Politics is full of good people, like Gary, unfortunately, it's never those who get to the top locally or nationally.
Reducing oil/gas fuel usage by making it unaffordable is good for the planet ................... just need the Greener options to catch up.
So many questions -
Why aren`t new build houses mandated to have solar etc?
Why aren`t we looking for shale gas?
Do we use productive farmland to feed the nation or power it?
Petrol price update - £162.1 a litre
We shouldn't be looking at Shale Gas, but moving away from Gas altogether. And Shale Gas is more harmful for the environmental than North Sea gas as it releases Methane (25 times worse than CO2) through fugitive releases in the extraction process. The level of Methane release is open for debate but some have claimed it would be more polluting than coal.
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And there is why the likes of BloJo can get away with taking the P**s for so long. Nobody has been as bad as him however many times you were to make this claim.
Essexyellows
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Measured by what?
His personal failings?
His political ability?
There was so much news about a slice of cake it's a good job the same "frothy mob" wasn`t in the War ministry with Churchill.
Folk seem to have forgotten that politicians & leaders are also human beings - see Sanna Marin.
Measured by what?
His personal failings?
His political ability?
There was so much news about a slice of cake it's a good job the same "frothy mob" wasn`t in the War ministry with Churchill.
Folk seem to have forgotten that politicians & leaders are also human beings - see Sanna Marin.
All the self induced crises he caused such as trying to change the disciplinary system to save his mate, falsely proroguing parliament etc etc as there is so many of them. Funny how many other human beings in that office managed not to do many multiples of such and in such a short time. You keep going on about cake but it was on far more than one occasion and was a culture allowed within no.10 (BloJo is ultimately responsible for) as has been covered by the Met Police and another investigation. And lets not forget he is under investigation for lying to parliament.
Essexyellows
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Never have the "rules" been "shifted" before then?
Summary: Blair and Brown - Constitutional reforms - Political Investigations
Blair and Brown – Constitutional reforms Blair’s Constitutional Reforms WHO? – Tony Blair’s Labour government WHY? – They believed that after...
peped.org
Call it change or reform it's the same outcome.... politicians eh?
