The more I hear from her (Truss) the more I think she completely lacks empathy to the point of some personality disorder.
It speaks volumes that Tories would still prefer Johnson to either her or Sunak. What exactly do we have governing us for the next two years ffs.
That was Thatcher.
But today's news:
The typical household energy bill will hit £3,549 a year from 1 October, regulator Ofgem announces
The cap is currently £1,971 for the average household and limits how much providers can charge customers in England, Scotland and Wales
The Government has to act. But you know they will protect their own interest before that of the people.
They will act - against their principles but they will have no choice. If they don't then the poll tax riots will look like a picnic in the park by comparison.
They must spend OUR money to support those in greatest need, not tax cuts for all.
Tax cuts are not the solution. NI and PAYE will have no benefit to those most in need. Having said that there is an awful lot of households with previously no call on the public purse that are just as in danger here. The energy cap being frozen is the easiest and logical answer. Anything else will be more difficult to administer. Freezing the cap at £1971 might just mean that Sunaks existing intervention might suffice. I still can’t believe that Truss won’t be forced into helping over and above those ludicrous NI and I come tax cuts.
If Russia has any sort of strategy for the war, it's to do as much damage to western economies as possible, in the hope that voters will demand that sanctions are lifted and gas purchases resume. That would then allow them to get the technology they need to build more weapons, without which they have little chance of success. In some countries that may work - there are some governments which aren't enthusiastic about support for Ukraine, and there are signs that Italy may elect a government of parties which don't want to support sanctions. But in most countries, the signs are that while voters may revolt over lack of government support over energy prices, that won't extend to demanding that we stop arming Ukraine or that we start selling technology to Russia.
Any sensible UK government would currently be planning major financial help this coming winter, and a huge programme of building wind and solar power capacity so we're in a better pace next winter. So far, there's little evidence of that, and Sunak and Truss if anything seem to be sympathetic to nimbys who oppose new solar power because the solar panels don't look very pretty. Perhaps today's announcement will get through to them that this is a serious crisis. Perhaps pigs may fly...
It’s been a tough schooling but it looks like Europe including the U.K. has woken up to the need for energy self sufficiency and non reliance of anything from Russia. Putin has been building this crisis for decades. He’s sucked Europe in and now pulled the rug. We’ve all been nieve and greedy and we’re paying the price. I suspect we’re in for a long recession with unprecedented in our lifetimes, real hardship. What plays out over the next few years might change the landscape forever.
The more I hear from her (Truss) the more I think she completely lacks empathy to the point of some personality disorder.
It speaks volumes that Tories would still prefer Johnson to either her or Sunak. What exactly do we have governing us for the next two years ffs.
That was Thatcher.
But today's news:
The typical household energy bill will hit £3,549 a year from 1 October, regulator Ofgem announces
The cap is currently £1,971 for the average household and limits how much providers can charge customers in England, Scotland and Wales
The Government has to act. But you know they will protect their own interest before that of the people.
They will act - against their principles but they will have no choice. If they don't then the poll tax riots will look like a picnic in the park by comparison.
They must spend OUR money to support those in greatest need, not tax cuts for all.
Tax cuts are not the solution. NI and PAYE will have no benefit to those most in need. Having said that there is an awful lot of households with previously no call on the public purse that are just as in danger here. The energy cap being frozen is the easiest and logical answer. Anything else will be more difficult to administer. Freezing the cap at £1971 might just mean that Sunaks existing intervention might suffice. I still can’t believe that Truss won’t be forced into helping over and above those ludicrous NI and I come tax cuts.
Equally the freeze on tax thresholds is going to have a big effect on many low income earners and pensioners. Many don't pay tax presently because their income is currently below the £12,570 per year tax threshold.
They may soon get an increase in wage or pension, which will then give them an annual income above £12,750 ...... but will be losing much of that increased income deducted in tax.
The tax threshold needs to rise in line with inflation.
They'll act and there will be a raft of measures I suspect once a new PM is in situ.
I can see a mixture of price freezes, cash handouts against bills like they have currently proposed and Income tax cuts and personal allowance increases (although the latter less likely in my view as more difficult to back track on/undo in the future).
I'm fairly sure tax cuts will be part of Truss's solution, not so sure about Sunak though.
Then you get onto business's who aren't party to the price capping, they will need some assistance as well.
It should also be a wake up call for more sustainable power generation, they really need to start subsidising solar much much more for homeowners so that becomes much more of the norm. I did get a verbal quote for my house, was in the region of £18k, they estimated it'd save about £700 a year so maybe double that currently, but even still that's a long pay back time.
If the basic full state pension exceeds the tax threshold I suspect even someone as thick as Truss and her likely chancellor Kwarteng won’t miss that one.
Help for businesses is also crucial - assistance with paying household energy bills is of limited use if you lose your job because your employer can't afford to operate. Lots of food & drink places talking about reduced opening hours to save on the heating bill by not opening when there are few customers.
They'll act and there will be a raft of measures I suspect once a new PM is in situ.
I can see a mixture of price freezes, cash handouts against bills like they have currently proposed and Income tax cuts and personal allowance increases (although the latter less likely in my view as more difficult to back track on/undo in the future).
I'm fairly sure tax cuts will be part of Truss's solution, not so sure about Sunak though.
Then you get onto business's who aren't party to the price capping, they will need some assistance as well.
It should also be a wake up call for more sustainable power generation, they really need to start subsidising solar much much more for homeowners so that becomes much more of the norm. I did get a verbal quote for my house, was in the region of £18k, they estimated it'd save about £700 a year so maybe double that currently, but even still that's a long pay back time.
It isn't my job so maybe I can be excused but I was shocked to learn so much electricity was generated using gas. I would have been shocked 7 or 8 years ago so I think it is right to ask the question why something like electricity which can be generated by wind, water, solar and nuclear is still so reliant on gas today. There have been some poor decisions somewhere which we seem to be paying for now.
Whatever help is announced it’s going to have to have an outcome of prices for energy not going above the current level of cap at £1971. With food and inflation people won’t stand for some half arsed compromise solution where people are expected to meet the energy cost increases half way. That’s my likely outcome scenario.
They'll act and there will be a raft of measures I suspect once a new PM is in situ.
I can see a mixture of price freezes, cash handouts against bills like they have currently proposed and Income tax cuts and personal allowance increases (although the latter less likely in my view as more difficult to back track on/undo in the future).
I'm fairly sure tax cuts will be part of Truss's solution, not so sure about Sunak though.
Then you get onto business's who aren't party to the price capping, they will need some assistance as well.
It should also be a wake up call for more sustainable power generation, they really need to start subsidising solar much much more for homeowners so that becomes much more of the norm. I did get a verbal quote for my house, was in the region of £18k, they estimated it'd save about £700 a year so maybe double that currently, but even still that's a long pay back time.
It isn't my job so maybe I can be excused but I was shocked to learn so much electricity was generated using gas. I would have been shocked 7 or 8 years ago so I think it is right to ask the question why something like electricity which can be generated by wind, water, solar and nuclear is still so reliant on gas today. There have been some poor decisions somewhere which we seem to be paying for now.
Until Thatcher closed the mines we were pretty much solely reliant on coal to generate electricity - gas just replaced that because of the North Sea. Agree about the short-sightedness of not focusing on renewables a long time ago.
Whatever help is announced it’s going to have to have an outcome of prices for energy not going above the current level of cap at £1971. With food and inflation people won’t stand for some half arsed compromise solution where people are expected to meet the energy cost increases half way. That’s my likely outcome scenario.
When you say they won’t stand for it, what do you think will happen when the necessary solutions are not forthcoming?
If the west are sanctioning Russia economically, then it is no surprise to me that Russia will sanction right back any way they can. Truss has described helping people, many of whom have contributed enormously, as giving ‘handouts’. Bit like the handouts of dodgy contracts given to people like the pub landlord friend of Matthew Hancock. I believe this government are content to see people burning their furniture to keep warm, as long as somehow they and their coterie can move towards living off the interest of the interest. That is the philosophy of these people and those who vote for them isn’t it?
Whatever help is announced it’s going to have to have an outcome of prices for energy not going above the current level of cap at £1971. With food and inflation people won’t stand for some half arsed compromise solution where people are expected to meet the energy cost increases half way. That’s my likely outcome scenario.
When you say they won’t stand for it, what do you think will happen when the necessary solutions are not forthcoming?
If half of the population (30+ million people) as predicted are in fuel poverty then civil unrest will be inevitable.
No government minister available for media interviews today. People worried sick and looking for help and reassurance and they're awol. They knew this was being announced today weeks ago so it's inexcusable.
Why would anyone in their right mind ever want to defend this lot?
They serve two interests, they’re own, and the small number of people that back them financially. Everything and everyone else is irrelevant.
I thought we’d reached a nadir with Johnson, but listening to Truss, she’s Karel Frayere on steroids
If the west are sanctioning Russia economically, then it is no surprise to me that Russia will sanction right back any way they can. Truss has described helping people, many of whom have contributed enormously, as giving ‘handouts’. Bit like the handouts of dodgy contracts given to people like the pub landlord friend of Matthew Hancock. I believe this government are content to see people burning their furniture to keep warm, as long as somehow they and their coterie can move towards living off the interest of the interest. That is the philosophy of these people and those who vote for them isn’t it?
You describe an infinitesimally small percentage of people who have that sort of wealth. The vast majority of tory voters will be struggling with these fuel price hikes and that is why the government will act - not out of any empathy but for self-preservation reasons.
If the west are sanctioning Russia economically, then it is no surprise to me that Russia will sanction right back any way they can. Truss has described helping people, many of whom have contributed enormously, as giving ‘handouts’. Bit like the handouts of dodgy contracts given to people like the pub landlord friend of Matthew Hancock. I believe this government are content to see people burning their furniture to keep warm, as long as somehow they and their coterie can move towards living off the interest of the interest. That is the philosophy of these people and those who vote for them isn’t it?
You describe an infinitesimally small percentage of people who have that sort of wealth. The vast majority of tory voters will be struggling with these fuel price hikes and that is why the government will act - not out of any empathy but for self-preservation reasons.
Yes indeed, many who voted for this government will get a kicking, but continue to vote for them anyway if they are convinced their suffering is because of foreigners, the French, woke culture, remainers or Seth Plum on Charlton Life. It is a kind of Stockholm Syndrome. I will wait and see, but personally I don’t trust this government to act. At the moment in many sectors it takes strikes to get action…or civil unrest as you have suggested.
If the west are sanctioning Russia economically, then it is no surprise to me that Russia will sanction right back any way they can. Truss has described helping people, many of whom have contributed enormously, as giving ‘handouts’. Bit like the handouts of dodgy contracts given to people like the pub landlord friend of Matthew Hancock. I believe this government are content to see people burning their furniture to keep warm, as long as somehow they and their coterie can move towards living off the interest of the interest. That is the philosophy of these people and those who vote for them isn’t it?
You describe an infinitesimally small percentage of people who have that sort of wealth. The vast majority of tory voters will be struggling with these fuel price hikes and that is why the government will act - not out of any empathy but for self-preservation reasons.
Yes indeed, many who voted for this government will get a kicking, but continue to vote for them anyway if they are convinced their suffering is because of foreigners, the French, woke culture, remainers or Seth Plum on Charlton Life. It is a kind of Stockholm Syndrome. I will wait and see, but personally I don’t trust this government to act. At the moment in many sectors it takes strikes to get action…or civil unrest as you have suggested.
Ah - so you are in fact part of the problem ;-)
Only joking, Seth - we are not too dissimilar on 'most' things.
Meanwhile.........."BP's profits tripled to $8.5bn (£6.9bn) between April and June 2022. The second quarter also included a record $11.5bn profit for Shell".
What I find astounding is how we can be in a situation where our political leaders (of all persuasions) are of such low calibre. There is something really wrong with the political landscape in this country and something needs to be done to attract much higher calibre of politicians. How the f##k have we ended up in a situation where "thick Truss" is likely to be our Prime Minister? Devoid of any reasonable intellect and the personality of a kipper. God knows how much damage this lot will do over the next couple of years ! And I'm a Tory I'm ashamed to say
Because of idiots like you.
Haha a very grown up comment.
Mate I will leave it at that other than to say I'm far from an idiot. Have a nice day
They'll act and there will be a raft of measures I suspect once a new PM is in situ.
I can see a mixture of price freezes, cash handouts against bills like they have currently proposed and Income tax cuts and personal allowance increases (although the latter less likely in my view as more difficult to back track on/undo in the future).
I'm fairly sure tax cuts will be part of Truss's solution, not so sure about Sunak though.
Then you get onto business's who aren't party to the price capping, they will need some assistance as well.
It should also be a wake up call for more sustainable power generation, they really need to start subsidising solar much much more for homeowners so that becomes much more of the norm. I did get a verbal quote for my house, was in the region of £18k, they estimated it'd save about £700 a year so maybe double that currently, but even still that's a long pay back time.
Rob if that was your quote you were being ripped off. We are installing 4kw of Solar PV everyday of the week at the moment ( this is the maximum you are allowed to fit on a domestic property without DNO permission which they are unlikely to ever give ) our installed price is £3,770.00. I know that because we install so much we buy the kit alot cheaper than smaller companies but anything over £6k for a domestic property the company doing the quote should be wearing a mask
Whatever help is announced it’s going to have to have an outcome of prices for energy not going above the current level of cap at £1971. With food and inflation people won’t stand for some half arsed compromise solution where people are expected to meet the energy cost increases half way. That’s my likely outcome scenario.
When you say they won’t stand for it, what do you think will happen when the necessary solutions are not forthcoming?
It’s hard to say but I think people will be willing to take to the streets. Daft as it sounds it’s actually quite hard to imagine a cold house while we sit here in August. A family with no way of keeping their kids warm and or tummies full will be a very angry one.
‘Open your eyes’ reminds me of the Tutu quote about British colonialism. Something like ‘the white man told us to kneel down and pray, when we opened our eyes our land was gone’.
The more I hear from her (Truss) the more I think she completely lacks empathy to the point of some personality disorder.
It speaks volumes that Tories would still prefer Johnson to either her or Sunak. What exactly do we have governing us for the next two years ffs.
That was Thatcher.
But today's news:
The typical household energy bill will hit £3,549 a year from 1 October, regulator Ofgem announces
The cap is currently £1,971 for the average household and limits how much providers can charge customers in England, Scotland and Wales
The Government has to act. But you know they will protect their own interest before that of the people.
rumours flying round the prices will go up to £5,000/year from january. We're absolutely cooked if the government doesn't do anything.
They’re not rumours. The algorithm used by Ofgem to calculate the cap is public knowledge. You look at the prices of the wholesale market and you get your answer. It won’t be any less than £5k in January and £6k in April.
Comments
Many don't pay tax presently because their income is currently below the £12,570 per year tax threshold.
They may soon get an increase in wage or pension, which will then give them an annual income above £12,750 ...... but will be losing much of that increased income deducted in tax.
The tax threshold needs to rise in line with inflation.
I can see a mixture of price freezes, cash handouts against bills like they have currently proposed and Income tax cuts and personal allowance increases (although the latter less likely in my view as more difficult to back track on/undo in the future).
I'm fairly sure tax cuts will be part of Truss's solution, not so sure about Sunak though.
Then you get onto business's who aren't party to the price capping, they will need some assistance as well.
It should also be a wake up call for more sustainable power generation, they really need to start subsidising solar much much more for homeowners so that becomes much more of the norm. I did get a verbal quote for my house, was in the region of £18k, they estimated it'd save about £700 a year so maybe double that currently, but even still that's a long pay back time.
Truss has described helping people, many of whom have contributed enormously, as giving ‘handouts’.
Bit like the handouts of dodgy contracts given to people like the pub landlord friend of Matthew Hancock.
I believe this government are content to see people burning their furniture to keep warm, as long as somehow they and their coterie can move towards living off the interest of the interest. That is the philosophy of these people and those who vote for them isn’t it?
https://www.gov.uk/government/statistics/percentile-points-from-1-to-99-for-total-income-before-and-after-tax
You describe an infinitesimally small percentage of people who have that sort of wealth. The vast majority of tory voters will be struggling with these fuel price hikes and that is why the government will act - not out of any empathy but for self-preservation reasons.
It is a kind of Stockholm Syndrome.
I will wait and see, but personally I don’t trust this government to act. At the moment in many sectors it takes strikes to get action…or civil unrest as you have suggested.
Only joking, Seth - we are not too dissimilar on 'most' things.
Beyond a joke really.
Mate I will leave it at that other than to say I'm far from an idiot. Have a nice day
Something like ‘the white man told us to kneel down and pray, when we opened our eyes our land was gone’.