Energy Prices

[SLUDGE FACTORY]

Re: Energy Prices

Seems good news to me.

She could have cut the obscene profits directly of the energy companies . But that goes against her stupid tory ideology

Instead she is going to saddle future generations with huge debt

But she will wait a while till she puts up taxes to pay for it

The masses will rejoice , it seems like you have fallen for it

[Ninja]

Re: Energy Prices

So the rich, in their bigger houses get a cap, where the poor have to wait until they hit £2500 a year.

Have I read it wrong

No.
Typical Tory strategy, appeasing the greedy energy companies while helping out the wealthy by capping their bills.
All the while, making out that they're helping everybody.
This doesn't help the poorer people whatsoever, far from it.

[JamesWales]

Re: Energy Prices

Bullshit

Theres's no way to prove it, but I'm certain thats the case. This is what people have been calling for - it gives certainty, reduces bills and finds a temporary solution whilst a long term one is worked up. Absolutely, if Labour did this you would support it.

It's just so tiresome, and clearly peoples concerns were never actually about people facing devastating bills this winter at all - it's about about discord and criticising the government for the sake of it.

[JamesWales]

Re: Energy Prices

No.
Typical Tory strategy, appeasing the greedy energy companies while helping out the wealthy by capping their bills.
All the while, making out that they're helping everybody.
This doesn't help the poorer people whatsoever, far from it.

What are you on about?

£66 off all bills this winter (I'm in a 2 bed flat and will be paying less on fuel than any other point in my life..it may even be free) followed by a cap at way below the market price.

You are basically lying.

[goats]

Re: Energy Prices

A short term solution that kicks the bigger problem down the road to the next PM. A big win win for energy companies all paid for by us taxpayers. Don’t suppose anyone knows who Truss’ previous employers are….?

No doubt she will act as if she’s the hero who solved the crisis whilst ignoring bills are now over double what they were last year for many people and she’s saddled the country with a £180Bn bill.

Can’t believe they are not wind falling taxing them, robbing peter to pay paul and Putin keeps on winning. Almost as bizarre as the fact Russia can keep raising the price, surely they should be barred from the international market whilst they are using it to fund an illegal occupation of another country? We might aswell get all our gas from Putins pocket rather than the 4% we actually do…..

[JamesWales]

Re: Energy Prices

Seems good news to me.

Because it is, but some are so partisan and dogmatic they refuse themselves to acknowledge it.

[Ninja]

Re: Energy Prices

Theres's no way to prove it, but I'm certain thats the case. This is what people have been calling for - it gives certainty, reduces bills and finds a temporary solution whilst a long term one is worked up. Absolutely, if Labour did this you would support it.

Labour wouldn't do it though would they?
They would have done the right thing, which is to cap what the energy companies are allowed to charge across the board, so per kilowatt etc.
This is what Truss would have done if she truly gave a shit about the poorer people in society but she doesn't.
She'll be taking a nice big backhander from the energy companies for looking after them and ensuring they can make an absolute killing.
It's effectively corruption in my eyes. This shit should be illegal.

[JamesWales]

Re: Energy Prices

Can’t believe they are not wind falling taxing them, robbing peter to pay paul and Putin keeps on winning. Almost as bizarre as the fact Russia can keep raising the price, surely they should be barred from the international market whilst they are using it to fund an illegal occupation of another country? We might aswell get all our gas from Putins pocket rather than the 4% we actually do…..

UK effectively have barred them from the international market, but you can't make everyone do it.

UK wholesale price down 6% today btw

https://tradingeconomics.com/commodity/uk-natural-gas

[Dorcus]

Re: Energy Prices

No.
Typical Tory strategy, appeasing the greedy energy companies while helping out the wealthy by capping their bills.
All the while, making out that they're helping everybody.
This doesn't help the poorer people whatsoever, far from it.

You're absolutely right. For example how in God's name are people on benefits going to afford £200 a month even before they think of buying food? An energy price freeze was essential just to keep the lights on in the country so was almost taken for granted. Further targeted support for the poorest people should have been a given

[the other bob wilson]

Re: Energy Prices

Seems good news to me.

Well, it is to the extent that it could have been a lot worse. However, we’re looking at a monthly increase of over £40 compared to what we’ve paying now and, although I’ve not seen confirmation of this because everything has suddenly switched to being about the Queen, I assume it’s still in the form of a loan that we’re going to have to pay back. This seems grossly unfair when certain people and companies are making obscene amounts of money out of this situation - the lack of a windfall tax appears to be based on nothing more than dogma.

[JamesWales]

Re: Energy Prices

Labour wouldn't do it though would they?
They would have done the right thing, which is to cap what the energy companies are allowed to charge across the board, so per kilowatt etc.
This is what Truss would have done if she truly gave a shit about the poorer people in society but she doesn't.
She'll be taking a nice big backhander from the energy companies for looking after them and ensuring they can make an absolute killing.
It's effectively corruption in my eyes. This shit should be illegal.

You are just talking nonsense at this stage.

I'm telling you, my bills will be practically free this winter and then capped, whereas they could have risen about 40%.

My kids mum gets Universal credit. She gets £1050, cheaper bills than last winter and then the cap just announced.

Stop lying.

[Canton Kev]

Re: Energy Prices

What are you on about?

£66 off all bills this winter (I'm in a 2 bed flat and will be paying less on fuel than any other point in my life..it may even be free) followed by a cap at way below the market price.

You are basically lying.

The £66 a month is a loan no? You’ll be paying it back at some point.
And below the market cap is still double what it was a year ago.

[JamesWales]

Re: Energy Prices

Well, it is to the extent that it could have been a lot worse. However, we’re looking at a monthly increase of over £40 compared to what we’ve paying now and, although I’ve not seen confirmation of this because everything has suddenly switched to being about the Queen, I assume it’s still in the form of a loan that we’re going to have to pay back. This seems grossly unfair when certain people and companies are making obscene amounts of money out of this situation - the lack of a windfall tax appears to be based on nothing more than dogma.

Companies will be paying tax on those profits. Much greater income than last year. The problem is partly that you pay taxes after profits, so you have to wait for accounts, whereas action was needed in time for winter.

[JamesWales]

Re: Energy Prices

The £66 a month is a loan no? You’ll be paying it back at some point.
And below the market cap is still double what it was a year ago.

No.

And yes, fuel is expensive. There is a war on ffs and the west have slapped sanctions on Russia.

People need to live in the real world and deal with Real Politik situations here.

Before today households and businesses were facing absolute disaster. Now they aren't.