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By (user no longer on site) OP   
over a year ago

I just read that Liz Truss will effectively freeze bills at the current price cap rate. I didn't realise how worried I was until I burst into tears.

Not just relieved for me, but for the hundreds of thousands of people who've been worried sick about the price cap rise in October.

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By *rwhowhatwherewhyMan
over a year ago

Aylesbury

A part of me is hoping that all of her far right rhetoric and bluster was all so she could be elected leader.

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By (user no longer on site)
over a year ago


"I just read that Liz Truss will effectively freeze bills at the current price cap rate. I didn't realise how worried I was until I burst into tears.

Not just relieved for me, but for the hundreds of thousands of people who've been worried sick about the price cap rise in October. "

There have been no formal announcements as yet - all your reading is media speculation. Devil will be in the detail. A freeze may help but who is going to pay for it long term? all of us.

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By (user no longer on site) OP   
over a year ago


"A part of me is hoping that all of her far right rhetoric and bluster was all so she could be elected leader. "

Well. I guess you can wish that. Seems unlikely!

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By (user no longer on site) OP   
over a year ago


"I just read that Liz Truss will effectively freeze bills at the current price cap rate. I didn't realise how worried I was until I burst into tears.

Not just relieved for me, but for the hundreds of thousands of people who've been worried sick about the price cap rise in October.

There have been no formal announcements as yet - all your reading is media speculation. Devil will be in the detail. A freeze may help but who is going to pay for it long term? all of us."

I will wait for the details to be announced. But this is the first time the government have even been looking at some sort of solution all summer.

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By *irldnCouple
over a year ago

Brighton

Good if that happens but how will it be funded? Two stories doing the rounds. One involves increased taxation over the long term which basically amounts to tax payers subsidising energy companies. So the only real winner in the end is shareholders.

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By *ealthy_and_HungMan
over a year ago

Princes Risborough, Luasanne, Alderney

meanwhile bills have more than doubled since last spring.

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By (user no longer on site) OP   
over a year ago


"meanwhile bills have more than doubled since last spring."

But we will have to be "grateful" that they don't ride another 80% this year.

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By (user no longer on site)
over a year ago

I haven't read that she'll freeze energy bill yet, but it seemed inevitable.

Not that the Tories care about the suffering of millions. But even they have to intervene at some point. Largely because they don't want unrest on a scale we haven't seen in our lifetime. That sort of unrest can topple governments.

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By *ealthy_and_HungMan
over a year ago

Princes Risborough, Luasanne, Alderney


"meanwhile bills have more than doubled since last spring.

But we will have to be "grateful" that they don't ride another 80% this year. "

i'm sceptical ... the can is being kicked down the road with some tinkering around the edges by treating the symptom, with no attempt to treat the problem itself.

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By (user no longer on site)
over a year ago


"meanwhile bills have more than doubled since last spring.

But we will have to be "grateful" that they don't ride another 80% this year.

i'm sceptical ... the can is being kicked down the road with some tinkering around the edges by treating the symptom, with no attempt to treat the problem itself."

Oh I'm sure the Tories will help as little as they can get away with. But they have to do something.

Millions of people will not just stay home while their family members freeze or starve. The Tories know this.

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By *estivalMan
over a year ago

borehamwood

There wont be unrest people in this country will bitch and moan and thats about it, long gone are the days when people had any bollox, if it kicks off these days its just a cover for scrotes to go looting

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By (user no longer on site)
over a year ago


"There wont be unrest people in this country will bitch and moan and thats about it, long gone are the days when people had any bollox, if it kicks off these days its just a cover for scrotes to go looting"

Gonna say it again. Millions will not just stay home while their families freeze and starve.

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By *otMe66Man
over a year ago

Terra Firma


"Good if that happens but how will it be funded? Two stories doing the rounds. One involves increased taxation over the long term which basically amounts to tax payers subsidising energy companies. So the only real winner in the end is shareholders."

Reading between the lines, it sounds like the Isle of Man fix, with no increase on bills to help the energy companies pay it back.

The governments plan to subsidise bills means that customers will not be expected to repay the support.

Devil in the details but hopefully it turns out be a help to anyone who is struggling.

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By (user no longer on site)
over a year ago


"Good if that happens but how will it be funded? Two stories doing the rounds. One involves increased taxation over the long term which basically amounts to tax payers subsidising energy companies. So the only real winner in the end is shareholders.

Reading between the lines, it sounds like the Isle of Man fix, with no increase on bills to help the energy companies pay it back.

The governments plan to subsidise bills means that customers will not be expected to repay the support.

Devil in the details but hopefully it turns out be a help to anyone who is struggling."

It will be interesting to see if she mentions any of this in her speech later this evening. I think we are expecting the official announcements of cabinet ministers very soon too.

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By *estivalMan
over a year ago

borehamwood


"There wont be unrest people in this country will bitch and moan and thats about it, long gone are the days when people had any bollox, if it kicks off these days its just a cover for scrotes to go looting

Gonna say it again. Millions will not just stay home while their families freeze and starve."
lol i take it u have never lived on benefits, if you do every winter is a choice between heat or food and those people havent kicked off, your just upset that its now affecting those who have been living comftabley for years, for those with fuck all its just the same old same old

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By *otMe66Man
over a year ago

Terra Firma


"Good if that happens but how will it be funded? Two stories doing the rounds. One involves increased taxation over the long term which basically amounts to tax payers subsidising energy companies. So the only real winner in the end is shareholders.

Reading between the lines, it sounds like the Isle of Man fix, with no increase on bills to help the energy companies pay it back.

The governments plan to subsidise bills means that customers will not be expected to repay the support.

Devil in the details but hopefully it turns out be a help to anyone who is struggling.

It will be interesting to see if she mentions any of this in her speech later this evening. I think we are expecting the official announcements of cabinet ministers very soon too. "

The detail is expected Thursday, I think she is confident enough she has a plan, that she will add a high level mention

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By (user no longer on site)
over a year ago


"meanwhile bills have more than doubled since last spring.

But we will have to be "grateful" that they don't ride another 80% this year.

i'm sceptical ... the can is being kicked down the road with some tinkering around the edges by treating the symptom, with no attempt to treat the problem itself.

Oh I'm sure the Tories will help as little as they can get away with. But they have to do something.

Millions of people will not just stay home while their family members freeze or starve. The Tories know this."

I genuinely don't think people are going to be freezing and starving if I'm honest. Only people that will be freezing and starving are those that are too frightened to cook a meal or heat their homes.

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By (user no longer on site)
over a year ago


"meanwhile bills have more than doubled since last spring.

But we will have to be "grateful" that they don't ride another 80% this year.

i'm sceptical ... the can is being kicked down the road with some tinkering around the edges by treating the symptom, with no attempt to treat the problem itself.

Oh I'm sure the Tories will help as little as they can get away with. But they have to do something.

Millions of people will not just stay home while their family members freeze or starve. The Tories know this.

I genuinely don't think people are going to be freezing and starving if I'm honest. Only people that will be freezing and starving are those that are too frightened to cook a meal or heat their homes. "

But based on those energy prices spiralling ever up, that's a hell of a lot. That's the issue. What's coming will likely dwarf any crisis of this sort we've seen in our lifetimes.

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By (user no longer on site)
over a year ago


"There wont be unrest people in this country will bitch and moan and thats about it, long gone are the days when people had any bollox, if it kicks off these days its just a cover for scrotes to go looting

Gonna say it again. Millions will not just stay home while their families freeze and starve.lol i take it u have never lived on benefits, if you do every winter is a choice between heat or food and those people havent kicked off, your just upset that its now affecting those who have been living comftabley for years, for those with fuck all its just the same old same old"

I’ll be honest here and it’s not me bragging, I’m comfortable these days and would class myself as middle class however in my early twenties I was skint really skint and on benefits and yeah made those choices between putting a tenner on the gas meter or buying food. Your completely right fella, it’s only the middle class that have been moaning, terrified there precious little lives are gonna get worse. I’ll second the “same old shit” don’t know how to fix this nonsense but something has to change. It’s weird because the most generous kind hearted people I’ve met in my life have all been skint

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By (user no longer on site)
over a year ago

(Hope I'm wrong though.)

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By (user no longer on site)
over a year ago


"meanwhile bills have more than doubled since last spring.

But we will have to be "grateful" that they don't ride another 80% this year.

i'm sceptical ... the can is being kicked down the road with some tinkering around the edges by treating the symptom, with no attempt to treat the problem itself.

Oh I'm sure the Tories will help as little as they can get away with. But they have to do something.

Millions of people will not just stay home while their family members freeze or starve. The Tories know this.

I genuinely don't think people are going to be freezing and starving if I'm honest. Only people that will be freezing and starving are those that are too frightened to cook a meal or heat their homes.

But based on those energy prices spiralling ever up, that's a hell of a lot. That's the issue. What's coming will likely dwarf any crisis of this sort we've seen in our lifetimes."

I think things are going to be tough and yes we're all going to have a rough Winter but I genuinely don't think It's going to be as bad as we all think and that's why I'm almost a 100% certain the government will step in even more than they already have. If they done they know they stand no chance of being reelected.

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By (user no longer on site)
over a year ago


"meanwhile bills have more than doubled since last spring.

But we will have to be "grateful" that they don't ride another 80% this year.

i'm sceptical ... the can is being kicked down the road with some tinkering around the edges by treating the symptom, with no attempt to treat the problem itself.

Oh I'm sure the Tories will help as little as they can get away with. But they have to do something.

Millions of people will not just stay home while their family members freeze or starve. The Tories know this.

I genuinely don't think people are going to be freezing and starving if I'm honest. Only people that will be freezing and starving are those that are too frightened to cook a meal or heat their homes.

But based on those energy prices spiralling ever up, that's a hell of a lot. That's the issue. What's coming will likely dwarf any crisis of this sort we've seen in our lifetimes.

I think things are going to be tough and yes we're all going to have a rough Winter but I genuinely don't think It's going to be as bad as we all think and that's why I'm almost a 100% certain the government will step in even more than they already have. If they done they know they stand no chance of being reelected. "

Bet you the government will give out just enough for the truly desperate to scrape by.

I also bet you the gov will find a way to use this crisis to shift more mmoney towards the rich.

And I bet the Tories will make most of us pay this all back - except the rich.

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By *ealthy_and_HungMan
over a year ago

Princes Risborough, Luasanne, Alderney

the hugely over budget hinkley c has yet to be added onto bills .... projected to increase by a further £600 or more on households at the current electric rates .... easily double that if the talks between generators and swizz truss fail

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By (user no longer on site)
over a year ago


"meanwhile bills have more than doubled since last spring.

But we will have to be "grateful" that they don't ride another 80% this year.

i'm sceptical ... the can is being kicked down the road with some tinkering around the edges by treating the symptom, with no attempt to treat the problem itself.

Oh I'm sure the Tories will help as little as they can get away with. But they have to do something.

Millions of people will not just stay home while their family members freeze or starve. The Tories know this.

I genuinely don't think people are going to be freezing and starving if I'm honest. Only people that will be freezing and starving are those that are too frightened to cook a meal or heat their homes.

But based on those energy prices spiralling ever up, that's a hell of a lot. That's the issue. What's coming will likely dwarf any crisis of this sort we've seen in our lifetimes.

I think things are going to be tough and yes we're all going to have a rough Winter but I genuinely don't think It's going to be as bad as we all think and that's why I'm almost a 100% certain the government will step in even more than they already have. If they done they know they stand no chance of being reelected.

Bet you the government will give out just enough for the truly desperate to scrape by.

I also bet you the gov will find a way to use this crisis to shift more mmoney towards the rich.

And I bet the Tories will make most of us pay this all back - except the rich."

So far they haven't though what has already been given and will continue to be given we'll literally mean those that received it will be able to manage.

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By (user no longer on site) OP   
over a year ago

I would not be able to afford to have my heating on this winter if my energy bills increase by 80% in October and a further rise in January. In addition to food prices constantly rising this year. And a 54% rise in the energy cap in April which has already impacted May.

I read that expected energy price cap rise is estimated by next April to account for 3/4 of the annual state pension. If Truss doesn't announce a plan to action the massive energy price cap rises - it will be a catastrophe.

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By *abioMan
over a year ago

Newcastle and Gateshead

It’s going to be interesting to see how it’s going to be paid for… all thru extra borrowing, or she going to make the energy companies pay for part thru windfall taxes!

If it’s all through extra borrowing the government 5, 10, 20 and 30 year bonds have all gone through the roof today! So paying it all back is going to cost a lot more!

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By *rFunBoyMan
over a year ago

Longridge


"meanwhile bills have more than doubled since last spring."

Add another 40% to 60% in January.

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By *ovebjsMan
over a year ago

Bristol


"meanwhile bills have more than doubled since last spring.

But we will have to be "grateful" that they don't ride another 80% this year.

i'm sceptical ... the can is being kicked down the road with some tinkering around the edges by treating the symptom, with no attempt to treat the problem itself.

Oh I'm sure the Tories will help as little as they can get away with. But they have to do something.

Millions of people will not just stay home while their family members freeze or starve. The Tories know this.

I genuinely don't think people are going to be freezing and starving if I'm honest. Only people that will be freezing and starving are those that are too frightened to cook a meal or heat their homes.

But based on those energy prices spiralling ever up, that's a hell of a lot. That's the issue. What's coming will likely dwarf any crisis of this sort we've seen in our lifetimes.

I think things are going to be tough and yes we're all going to have a rough Winter but I genuinely don't think It's going to be as bad as we all think and that's why I'm almost a 100% certain the government will step in even more than they already have. If they done they know they stand no chance of being reelected.

Bet you the government will give out just enough for the truly desperate to scrape by.

I also bet you the gov will find a way to use this crisis to shift more mmoney towards the rich.

And I bet the Tories will make most of us pay this all back - except the rich."

I get the impression that no matter what they do you will not be happy lol

You just hate the Tories!

End of

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By *ohnnyTwoNotesMan
over a year ago

golden fields


"meanwhile bills have more than doubled since last spring.

But we will have to be "grateful" that they don't ride another 80% this year.

i'm sceptical ... the can is being kicked down the road with some tinkering around the edges by treating the symptom, with no attempt to treat the problem itself.

Oh I'm sure the Tories will help as little as they can get away with. But they have to do something.

Millions of people will not just stay home while their family members freeze or starve. The Tories know this.

I genuinely don't think people are going to be freezing and starving if I'm honest. Only people that will be freezing and starving are those that are too frightened to cook a meal or heat their homes.

But based on those energy prices spiralling ever up, that's a hell of a lot. That's the issue. What's coming will likely dwarf any crisis of this sort we've seen in our lifetimes.

I think things are going to be tough and yes we're all going to have a rough Winter but I genuinely don't think It's going to be as bad as we all think and that's why I'm almost a 100% certain the government will step in even more than they already have. If they done they know they stand no chance of being reelected.

Bet you the government will give out just enough for the truly desperate to scrape by.

I also bet you the gov will find a way to use this crisis to shift more mmoney towards the rich.

And I bet the Tories will make most of us pay this all back - except the rich.

I get the impression that no matter what they do you will not be happy lol

You just hate the Tories!

End of "

Would be handy if the Tories prioritised the needs of British people.

Absolutely bonkers I know, but I would be nice.

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By *ools and the brainCouple
over a year ago

couple, us we him her.


"I just read that Liz Truss will effectively freeze bills at the current price cap rate. I didn't realise how worried I was until I burst into tears.

Not just relieved for me, but for the hundreds of thousands of people who've been worried sick about the price cap rise in October. "

Apparently this is going to cost 100billion.

Where is the money coming from to subsidize this?

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By (user no longer on site) OP   
over a year ago


"I just read that Liz Truss will effectively freeze bills at the current price cap rate. I didn't realise how worried I was until I burst into tears.

Not just relieved for me, but for the hundreds of thousands of people who've been worried sick about the price cap rise in October.

Apparently this is going to cost 100billion.

Where is the money coming from to subsidize this?"

Reportedly - taxes.

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By *otMe66Man
over a year ago

Terra Firma


"meanwhile bills have more than doubled since last spring.

But we will have to be "grateful" that they don't ride another 80% this year.

i'm sceptical ... the can is being kicked down the road with some tinkering around the edges by treating the symptom, with no attempt to treat the problem itself.

Oh I'm sure the Tories will help as little as they can get away with. But they have to do something.

Millions of people will not just stay home while their family members freeze or starve. The Tories know this.

I genuinely don't think people are going to be freezing and starving if I'm honest. Only people that will be freezing and starving are those that are too frightened to cook a meal or heat their homes.

But based on those energy prices spiralling ever up, that's a hell of a lot. That's the issue. What's coming will likely dwarf any crisis of this sort we've seen in our lifetimes.

I think things are going to be tough and yes we're all going to have a rough Winter but I genuinely don't think It's going to be as bad as we all think and that's why I'm almost a 100% certain the government will step in even more than they already have. If they done they know they stand no chance of being reelected.

Bet you the government will give out just enough for the truly desperate to scrape by.

I also bet you the gov will find a way to use this crisis to shift more mmoney towards the rich.

And I bet the Tories will make most of us pay this all back - except the rich.

I get the impression that no matter what they do you will not be happy lol

You just hate the Tories!

End of

Would be handy if the Tories prioritised the needs of British people.

Absolutely bonkers I know, but I would be nice."

Drop the tory point of anger, let's talk about those in charge...£100 billion is not seen as prioritising?

Whoever was in charge what is your words of advice?

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By *otMe66Man
over a year ago

Terra Firma


"I just read that Liz Truss will effectively freeze bills at the current price cap rate. I didn't realise how worried I was until I burst into tears.

Not just relieved for me, but for the hundreds of thousands of people who've been worried sick about the price cap rise in October.

Apparently this is going to cost 100billion.

Where is the money coming from to subsidize this?

Reportedly - taxes. "

Loans more likely, the question will be who pays it back.

Energy companies over a period of years, extended windfall tax break, or other?

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By (user no longer on site)
over a year ago

The word is the government will borrow 100bn plus to cover a freeze on energy bills.

Starmer wants to do the same thing but fund it with a windfall tax on energy producers.

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By (user no longer on site) OP   
over a year ago


"I just read that Liz Truss will effectively freeze bills at the current price cap rate. I didn't realise how worried I was until I burst into tears.

Not just relieved for me, but for the hundreds of thousands of people who've been worried sick about the price cap rise in October.

Apparently this is going to cost 100billion.

Where is the money coming from to subsidize this?

Reportedly - taxes.

Loans more likely, the question will be who pays it back.

Energy companies over a period of years, extended windfall tax break, or other?"

Windfall tax has been ruled out by Truss hasn't it?

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By (user no longer on site) OP   
over a year ago


"meanwhile bills have more than doubled since last spring.

But we will have to be "grateful" that they don't ride another 80% this year.

i'm sceptical ... the can is being kicked down the road with some tinkering around the edges by treating the symptom, with no attempt to treat the problem itself.

Oh I'm sure the Tories will help as little as they can get away with. But they have to do something.

Millions of people will not just stay home while their family members freeze or starve. The Tories know this.

I genuinely don't think people are going to be freezing and starving if I'm honest. Only people that will be freezing and starving are those that are too frightened to cook a meal or heat their homes.

But based on those energy prices spiralling ever up, that's a hell of a lot. That's the issue. What's coming will likely dwarf any crisis of this sort we've seen in our lifetimes.

I think things are going to be tough and yes we're all going to have a rough Winter but I genuinely don't think It's going to be as bad as we all think and that's why I'm almost a 100% certain the government will step in even more than they already have. If they done they know they stand no chance of being reelected.

Bet you the government will give out just enough for the truly desperate to scrape by.

I also bet you the gov will find a way to use this crisis to shift more mmoney towards the rich.

And I bet the Tories will make most of us pay this all back - except the rich.

I get the impression that no matter what they do you will not be happy lol

You just hate the Tories!

End of

Would be handy if the Tories prioritised the needs of British people.

Absolutely bonkers I know, but I would be nice.

Drop the tory point of anger, let's talk about those in charge...£100 billion is not seen as prioritising?

Whoever was in charge what is your words of advice? "

A plan is yet to be announced. The government have stayed silent for months - Johnson's suggestion was to buy a new kettle. No, it's not seemed as the cost of living crisis has been a priority for the Tories.

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By (user no longer on site)
over a year ago

A welcome relief for many if it happens. But this is no tory idea, this came from Scottish Power, and was backed by the opposition. The tories knew they were going to be crucified if they didn’t do anything. So reluctantly they have to open the taps once more to cover the cost. So much for the smaller state. Even before getting in to power she had to make U-turn.

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By *lex46TV/TS
over a year ago

Near Wells


"It’s weird because the most generous kind hearted people I’ve met in my life have all been skint "

Err, that's the reason why they're skint.

Rich people don't get rich by giving their money away.

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By *ooo wet tight hornyWoman
over a year ago

lancashire

All I can say to people that are truly worried about whether they can afford to put the heating on and also feed themselves and a family is...Feed your selves, feed your family, put on the heating when needed and when the bill comes in just contact your supplier and offer the least amount you can afford to pay off outstanding arrears...as long as a offer of some payment is made they'll be off your back for the amount to be paid. Nothing worse than been cold...not good for our health, our minds, young babies, the elderly and those with serious health conditions. Maybe not seen as a sensible way...but some times these things have to be done.

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By *otMe66Man
over a year ago

Terra Firma

[Removed by poster at 06/09/22 23:28:43]

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By *otMe66Man
over a year ago

Terra Firma


"I just read that Liz Truss will effectively freeze bills at the current price cap rate. I didn't realise how worried I was until I burst into tears.

Not just relieved for me, but for the hundreds of thousands of people who've been worried sick about the price cap rise in October.

Apparently this is going to cost 100billion.

Where is the money coming from to subsidize this?

Reportedly - taxes.

Loans more likely, the question will be who pays it back.

Energy companies over a period of years, extended windfall tax break, or other?

Windfall tax has been ruled out by Truss hasn't it? "

This would be a similar move to the Isle of Man. I can see it working as the energy companies are being paid but will need to pay back the subsidy over an extended period of time.

It could be sweeter deal than an immediate windfall tax

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By *rFunBoyMan
over a year ago

Longridge

It will be 5, more than likely 10 years before we get Energy independent enough to reduce reliance on Gas.

How long and how bad will it really get?

Might be easier and less painful to declare War.

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By *rFunBoyMan
over a year ago

Longridge

Before you jump on that.

Remember the reasons America nuked Japan and look at how many Russian kids they are loosing.

Is Russia deliberately allowing so many to die for an excuse for something bigger?

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By *inCity BluesMan
over a year ago

London


"Good if that happens but how will it be funded? "

The cost will be horrendous. Just thank God we have money to spare, and are not wasting billions of pounds a year housing and feeding hundreds of thousands of scroungers, wasters, and criminals from all around the world.

Oh, hold on...

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By *rFunBoyMan
over a year ago

Longridge

I'd be more concerned of the £Billions wasted on COVID

Fraud Business Loans

NHS Track and Trace

Useless PPE

Furlough fraud

This list goes on..

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By (user no longer on site)
over a year ago


"I just read that Liz Truss will effectively freeze bills at the current price cap rate. I didn't realise how worried I was until I burst into tears.

Not just relieved for me, but for the hundreds of thousands of people who've been worried sick about the price cap rise in October. "

Trust Truss to do this. Just after I had followed the Daily Mail advice and booked a all inclusive cruise to save on heating bills.

Now I'll have to check the cruise companies cancellation and refund policy..

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By (user no longer on site)
over a year ago


"It will be 5, more than likely 10 years before we get Energy independent enough to reduce reliance on Gas.

How long and how bad will it really get?

Might be easier and less painful to declare War."

The government would need the country to be cold and hungry and scared to agree to anything like that....

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By *ohnnyTwoNotesMan
over a year ago

golden fields


"meanwhile bills have more than doubled since last spring.

But we will have to be "grateful" that they don't ride another 80% this year.

i'm sceptical ... the can is being kicked down the road with some tinkering around the edges by treating the symptom, with no attempt to treat the problem itself.

Oh I'm sure the Tories will help as little as they can get away with. But they have to do something.

Millions of people will not just stay home while their family members freeze or starve. The Tories know this.

I genuinely don't think people are going to be freezing and starving if I'm honest. Only people that will be freezing and starving are those that are too frightened to cook a meal or heat their homes.

But based on those energy prices spiralling ever up, that's a hell of a lot. That's the issue. What's coming will likely dwarf any crisis of this sort we've seen in our lifetimes.

I think things are going to be tough and yes we're all going to have a rough Winter but I genuinely don't think It's going to be as bad as we all think and that's why I'm almost a 100% certain the government will step in even more than they already have. If they done they know they stand no chance of being reelected.

Bet you the government will give out just enough for the truly desperate to scrape by.

I also bet you the gov will find a way to use this crisis to shift more mmoney towards the rich.

And I bet the Tories will make most of us pay this all back - except the rich.

I get the impression that no matter what they do you will not be happy lol

You just hate the Tories!

End of

Would be handy if the Tories prioritised the needs of British people.

Absolutely bonkers I know, but I would be nice.

Drop the tory point of anger, let's talk about those in charge...£100 billion is not seen as prioritising?

Whoever was in charge what is your words of advice? "

I don't get your question.

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By (user no longer on site)
over a year ago

Getting back, people are genuinely worried about prices.

The tories have made a complete pigs ear of everything over the last 12 year.

This crisis could have been averted, and now we are all suffering for their mistakes.

If the price cap happens, do not expect anyone to be grateful. Because a better government would have sorted this out months ago.

We are literally at the wire now, and now we are thrown a lifeline.

They prosper whilst we suffer.

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By *eroy1000Man
over a year ago

milton keynes


"The word is the government will borrow 100bn plus to cover a freeze on energy bills.

Starmer wants to do the same thing but fund it with a windfall tax on energy producers.

"

That's similar to what I see on the news. Government to borrow a large sum of money and the energy suppliers to draw down on it for the difference between wholesale and retail. Truss seems to indicate she is not in favour of windfall tax so we will either repay via taxes or an extra charge on bills for many years. They did point out that a windfall tax will help but will not be enough to cover the debt by a long way. Guess we will find out soon

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By (user no longer on site) OP   
over a year ago


"All I can say to people that are truly worried about whether they can afford to put the heating on and also feed themselves and a family is...Feed your selves, feed your family, put on the heating when needed and when the bill comes in just contact your supplier and offer the least amount you can afford to pay off outstanding arrears...as long as a offer of some payment is made they'll be off your back for the amount to be paid. Nothing worse than been cold...not good for our health, our minds, young babies, the elderly and those with serious health conditions. Maybe not seen as a sensible way...but some times these things have to be done."

I'm not going to risk being in debt for hundreds of pounds? I'm sorry but that's dangerous advice.

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By (user no longer on site) OP   
over a year ago


"I just read that Liz Truss will effectively freeze bills at the current price cap rate. I didn't realise how worried I was until I burst into tears.

Not just relieved for me, but for the hundreds of thousands of people who've been worried sick about the price cap rise in October.

Trust Truss to do this. Just after I had followed the Daily Mail advice and booked a all inclusive cruise to save on heating bills.

Now I'll have to check the cruise companies cancellation and refund policy.."

Are you serious?

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By (user no longer on site) OP   
over a year ago


"I'd be more concerned of the £Billions wasted on COVID

Fraud Business Loans

NHS Track and Trace

Useless PPE

Furlough fraud

This list goes on.."

I'm angry about those things. But being angry about them doesn't stop me being scared about this coming winter.

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By *annaBeStrongMan
over a year ago

wokingham

Where can I read lord on this

She was employed by energy companies, so I’ve very suspect about her

Is she freezing the bills entirely?

Or is she freezing them on the consumer side, and paying the difference with public money?

It’ll help either way, but depending how she does it is very telling on who she wants to benefit

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By (user no longer on site) OP   
over a year ago


"Where can I read lord on this

She was employed by energy companies, so I’ve very suspect about her

Is she freezing the bills entirely?

Or is she freezing them on the consumer side, and paying the difference with public money?

It’ll help either way, but depending how she does it is very telling on who she wants to benefit "

This has a good summary of the plans under consideration. I'm seeing the same from various sources.

https://www.theguardian.com/money/2022/sep/06/how-will-liz-truss-help-businesses-and-households-with-soaring-energy-bills

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By *annaBeStrongMan
over a year ago

wokingham


"Where can I read lord on this

She was employed by energy companies, so I’ve very suspect about her

Is she freezing the bills entirely?

Or is she freezing them on the consumer side, and paying the difference with public money?

It’ll help either way, but depending how she does it is very telling on who she wants to benefit

This has a good summary of the plans under consideration. I'm seeing the same from various sources.

https://www.theguardian.com/money/2022/sep/06/how-will-liz-truss-help-businesses-and-households-with-soaring-energy-bills"

Ok, so the idea isn’t fully worked out, but essentially we are taking out a loan to pay off the energy companies and we will pay that loan back slowly over time through taxation

Seems like a good idea but as usual I think the devil will be in the details. Is this a interest free loan? Where is the money coming from?

Whatever it is, it’s needed. But there’s a difference between tackling the source of a problem and kicking the can down the road. And I dunno which this is right now

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By *irldnCouple
over a year ago

Brighton


"Where can I read lord on this

She was employed by energy companies, so I’ve very suspect about her

Is she freezing the bills entirely?

Or is she freezing them on the consumer side, and paying the difference with public money?

It’ll help either way, but depending how she does it is very telling on who she wants to benefit

This has a good summary of the plans under consideration. I'm seeing the same from various sources.

https://www.theguardian.com/money/2022/sep/06/how-will-liz-truss-help-businesses-and-households-with-soaring-energy-bills

Ok, so the idea isn’t fully worked out, but essentially we are taking out a loan to pay off the energy companies and we will pay that loan back slowly over time through taxation

Seems like a good idea but as usual I think the devil will be in the details. Is this a interest free loan? Where is the money coming from?

Whatever it is, it’s needed. But there’s a difference between tackling the source of a problem and kicking the can down the road. And I dunno which this is right now "

When Govt borrows money it is never interest free. It is via “Gilts” and yesterday the cost of those went up in anticipation of this requirement.

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By *irldnCouple
over a year ago

Brighton


"Where can I read lord on this

She was employed by energy companies, so I’ve very suspect about her

Is she freezing the bills entirely?

Or is she freezing them on the consumer side, and paying the difference with public money?

It’ll help either way, but depending how she does it is very telling on who she wants to benefit

This has a good summary of the plans under consideration. I'm seeing the same from various sources.

https://www.theguardian.com/money/2022/sep/06/how-will-liz-truss-help-businesses-and-households-with-soaring-energy-bills

Ok, so the idea isn’t fully worked out, but essentially we are taking out a loan to pay off the energy companies and we will pay that loan back slowly over time through taxation

Seems like a good idea but as usual I think the devil will be in the details. Is this a interest free loan? Where is the money coming from?

Whatever it is, it’s needed. But there’s a difference between tackling the source of a problem and kicking the can down the road. And I dunno which this is right now

When Govt borrows money it is never interest free. It is via “Gilts” and yesterday the cost of those went up in anticipation of this requirement."

“Gilts are a form of bond or IOU issued by governments wanting to raise money, and they are known as gilts. Corporate bonds are issued by corporations and gilts are bonds issued specifically by the government.“

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By (user no longer on site) OP   
over a year ago


"Where can I read lord on this

She was employed by energy companies, so I’ve very suspect about her

Is she freezing the bills entirely?

Or is she freezing them on the consumer side, and paying the difference with public money?

It’ll help either way, but depending how she does it is very telling on who she wants to benefit

This has a good summary of the plans under consideration. I'm seeing the same from various sources.

https://www.theguardian.com/money/2022/sep/06/how-will-liz-truss-help-businesses-and-households-with-soaring-energy-bills

Ok, so the idea isn’t fully worked out, but essentially we are taking out a loan to pay off the energy companies and we will pay that loan back slowly over time through taxation

Seems like a good idea but as usual I think the devil will be in the details. Is this a interest free loan? Where is the money coming from?

Whatever it is, it’s needed. But there’s a difference between tackling the source of a problem and kicking the can down the road. And I dunno which this is right now "

I strongly suspect kicking the can down the road. But millions of people still need some sort of solution.

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By *ouple in LancashireCouple
over a year ago

in Lancashire

They have to do something but the potential cost is not yet known and is open to manipulation by others, one being Putin..

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By *annaBeStrongMan
over a year ago

wokingham


"Where can I read lord on this

She was employed by energy companies, so I’ve very suspect about her

Is she freezing the bills entirely?

Or is she freezing them on the consumer side, and paying the difference with public money?

It’ll help either way, but depending how she does it is very telling on who she wants to benefit

This has a good summary of the plans under consideration. I'm seeing the same from various sources.

https://www.theguardian.com/money/2022/sep/06/how-will-liz-truss-help-businesses-and-households-with-soaring-energy-bills

Ok, so the idea isn’t fully worked out, but essentially we are taking out a loan to pay off the energy companies and we will pay that loan back slowly over time through taxation

Seems like a good idea but as usual I think the devil will be in the details. Is this a interest free loan? Where is the money coming from?

Whatever it is, it’s needed. But there’s a difference between tackling the source of a problem and kicking the can down the road. And I dunno which this is right now

I strongly suspect kicking the can down the road. But millions of people still need some sort of solution."

My worry is that as usual, the public will be mislead. They’ll be sold this idea that the new Tory leader saved the day. And all will be forgotten, they’ll get voted in again, and 5 years down the line this will be another can that comes back to hit us.

I hope that’s not the case, but I think we’ve seen this happen before

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By (user no longer on site) OP   
over a year ago


"Where can I read lord on this

She was employed by energy companies, so I’ve very suspect about her

Is she freezing the bills entirely?

Or is she freezing them on the consumer side, and paying the difference with public money?

It’ll help either way, but depending how she does it is very telling on who she wants to benefit

This has a good summary of the plans under consideration. I'm seeing the same from various sources.

https://www.theguardian.com/money/2022/sep/06/how-will-liz-truss-help-businesses-and-households-with-soaring-energy-bills

Ok, so the idea isn’t fully worked out, but essentially we are taking out a loan to pay off the energy companies and we will pay that loan back slowly over time through taxation

Seems like a good idea but as usual I think the devil will be in the details. Is this a interest free loan? Where is the money coming from?

Whatever it is, it’s needed. But there’s a difference between tackling the source of a problem and kicking the can down the road. And I dunno which this is right now

I strongly suspect kicking the can down the road. But millions of people still need some sort of solution.

My worry is that as usual, the public will be mislead. They’ll be sold this idea that the new Tory leader saved the day. And all will be forgotten, they’ll get voted in again, and 5 years down the line this will be another can that comes back to hit us.

I hope that’s not the case, but I think we’ve seen this happen before "

I find it extraordinary that anyone wants to vote Tory after the last couple of years. I'm desperate to see them out of office, but I still find the opposition pretty weak. And it's literally an open goal!

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By *annaBeStrongMan
over a year ago

wokingham


"Where can I read lord on this

She was employed by energy companies, so I’ve very suspect about her

Is she freezing the bills entirely?

Or is she freezing them on the consumer side, and paying the difference with public money?

It’ll help either way, but depending how she does it is very telling on who she wants to benefit

This has a good summary of the plans under consideration. I'm seeing the same from various sources.

https://www.theguardian.com/money/2022/sep/06/how-will-liz-truss-help-businesses-and-households-with-soaring-energy-bills

Ok, so the idea isn’t fully worked out, but essentially we are taking out a loan to pay off the energy companies and we will pay that loan back slowly over time through taxation

Seems like a good idea but as usual I think the devil will be in the details. Is this a interest free loan? Where is the money coming from?

Whatever it is, it’s needed. But there’s a difference between tackling the source of a problem and kicking the can down the road. And I dunno which this is right now

I strongly suspect kicking the can down the road. But millions of people still need some sort of solution.

My worry is that as usual, the public will be mislead. They’ll be sold this idea that the new Tory leader saved the day. And all will be forgotten, they’ll get voted in again, and 5 years down the line this will be another can that comes back to hit us.

I hope that’s not the case, but I think we’ve seen this happen before

I find it extraordinary that anyone wants to vote Tory after the last couple of years. I'm desperate to see them out of office, but I still find the opposition pretty weak. And it's literally an open goal!"

I think the issue is that young people are very vocal with little action, older people tend to be quiet but actually turn up to vote

So we have a very vocal “fuck the tories” soundtrack to the country but the voting doesn’t reflect that

And older people, generally, have money and want to keep money, and that’s what the tories are all about. Keeping lined pockets lined.

I don’t vote because I’m an idiot, but with what’s happening I do wonder if it’s worth it because any change must be better than this

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By (user no longer on site) OP   
over a year ago


"Where can I read lord on this

She was employed by energy companies, so I’ve very suspect about her

Is she freezing the bills entirely?

Or is she freezing them on the consumer side, and paying the difference with public money?

It’ll help either way, but depending how she does it is very telling on who she wants to benefit

This has a good summary of the plans under consideration. I'm seeing the same from various sources.

https://www.theguardian.com/money/2022/sep/06/how-will-liz-truss-help-businesses-and-households-with-soaring-energy-bills

Ok, so the idea isn’t fully worked out, but essentially we are taking out a loan to pay off the energy companies and we will pay that loan back slowly over time through taxation

Seems like a good idea but as usual I think the devil will be in the details. Is this a interest free loan? Where is the money coming from?

Whatever it is, it’s needed. But there’s a difference between tackling the source of a problem and kicking the can down the road. And I dunno which this is right now

I strongly suspect kicking the can down the road. But millions of people still need some sort of solution.

My worry is that as usual, the public will be mislead. They’ll be sold this idea that the new Tory leader saved the day. And all will be forgotten, they’ll get voted in again, and 5 years down the line this will be another can that comes back to hit us.

I hope that’s not the case, but I think we’ve seen this happen before

I find it extraordinary that anyone wants to vote Tory after the last couple of years. I'm desperate to see them out of office, but I still find the opposition pretty weak. And it's literally an open goal!

I think the issue is that young people are very vocal with little action, older people tend to be quiet but actually turn up to vote

So we have a very vocal “fuck the tories” soundtrack to the country but the voting doesn’t reflect that

And older people, generally, have money and want to keep money, and that’s what the tories are all about. Keeping lined pockets lined.

I don’t vote because I’m an idiot, but with what’s happening I do wonder if it’s worth it because any change must be better than this "

I was very disappointed when my 18 yo didn't vote in the local elections. I grew up where voting is compulsory, but I think people should want to have a say instead of complaining about the result. I vote for the party which is best for the country or my city. Not for the party which will directly benefit me.

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By (user no longer on site)
over a year ago

[Removed by poster at 07/09/22 09:55:13]

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By *annaBeStrongMan
over a year ago

wokingham


"Where can I read lord on this

She was employed by energy companies, so I’ve very suspect about her

Is she freezing the bills entirely?

Or is she freezing them on the consumer side, and paying the difference with public money?

It’ll help either way, but depending how she does it is very telling on who she wants to benefit

This has a good summary of the plans under consideration. I'm seeing the same from various sources.

https://www.theguardian.com/money/2022/sep/06/how-will-liz-truss-help-businesses-and-households-with-soaring-energy-bills

Ok, so the idea isn’t fully worked out, but essentially we are taking out a loan to pay off the energy companies and we will pay that loan back slowly over time through taxation

Seems like a good idea but as usual I think the devil will be in the details. Is this a interest free loan? Where is the money coming from?

Whatever it is, it’s needed. But there’s a difference between tackling the source of a problem and kicking the can down the road. And I dunno which this is right now

I strongly suspect kicking the can down the road. But millions of people still need some sort of solution.

My worry is that as usual, the public will be mislead. They’ll be sold this idea that the new Tory leader saved the day. And all will be forgotten, they’ll get voted in again, and 5 years down the line this will be another can that comes back to hit us.

I hope that’s not the case, but I think we’ve seen this happen before

I find it extraordinary that anyone wants to vote Tory after the last couple of years. I'm desperate to see them out of office, but I still find the opposition pretty weak. And it's literally an open goal!

I think the issue is that young people are very vocal with little action, older people tend to be quiet but actually turn up to vote

So we have a very vocal “fuck the tories” soundtrack to the country but the voting doesn’t reflect that

And older people, generally, have money and want to keep money, and that’s what the tories are all about. Keeping lined pockets lined.

I don’t vote because I’m an idiot, but with what’s happening I do wonder if it’s worth it because any change must be better than this

I was very disappointed when my 18 yo didn't vote in the local elections. I grew up where voting is compulsory, but I think people should want to have a say instead of complaining about the result. I vote for the party which is best for the country or my city. Not for the party which will directly benefit me. "

I’m actually against everyone having a vote, I think democracy only works with a well informed voting population, and brexit is directly a result of people not knowing what they are voting for. Either through just not knowing, or being mislead.

Compulsory voting only leads to bad results. Because if you don’t know what your voting for, your not making an informed, educated decision.

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By (user no longer on site)
over a year ago

Can't see much changing. The new Ofgen price cap is going ahead from what we can tell. This freeze isn't worth anything as they can easily renege or move the goal posts.

A lot of ignorant folk out there need to take stock and forget this right vs left rubbish. We are all being taken for fools.

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By (user no longer on site) OP   
over a year ago


"Where can I read lord on this

She was employed by energy companies, so I’ve very suspect about her

Is she freezing the bills entirely?

Or is she freezing them on the consumer side, and paying the difference with public money?

It’ll help either way, but depending how she does it is very telling on who she wants to benefit

This has a good summary of the plans under consideration. I'm seeing the same from various sources.

https://www.theguardian.com/money/2022/sep/06/how-will-liz-truss-help-businesses-and-households-with-soaring-energy-bills

Ok, so the idea isn’t fully worked out, but essentially we are taking out a loan to pay off the energy companies and we will pay that loan back slowly over time through taxation

Seems like a good idea but as usual I think the devil will be in the details. Is this a interest free loan? Where is the money coming from?

Whatever it is, it’s needed. But there’s a difference between tackling the source of a problem and kicking the can down the road. And I dunno which this is right now

I strongly suspect kicking the can down the road. But millions of people still need some sort of solution.

My worry is that as usual, the public will be mislead. They’ll be sold this idea that the new Tory leader saved the day. And all will be forgotten, they’ll get voted in again, and 5 years down the line this will be another can that comes back to hit us.

I hope that’s not the case, but I think we’ve seen this happen before

I find it extraordinary that anyone wants to vote Tory after the last couple of years. I'm desperate to see them out of office, but I still find the opposition pretty weak. And it's literally an open goal!

I think the issue is that young people are very vocal with little action, older people tend to be quiet but actually turn up to vote

So we have a very vocal “fuck the tories” soundtrack to the country but the voting doesn’t reflect that

And older people, generally, have money and want to keep money, and that’s what the tories are all about. Keeping lined pockets lined.

I don’t vote because I’m an idiot, but with what’s happening I do wonder if it’s worth it because any change must be better than this

I was very disappointed when my 18 yo didn't vote in the local elections. I grew up where voting is compulsory, but I think people should want to have a say instead of complaining about the result. I vote for the party which is best for the country or my city. Not for the party which will directly benefit me.

I’m actually against everyone having a vote, I think democracy only works with a well informed voting population, and brexit is directly a result of people not knowing what they are voting for. Either through just not knowing, or being mislead.

Compulsory voting only leads to bad results. Because if you don’t know what your voting for, your not making an informed, educated decision. "

It was a passing comment because I grew up knowing I had to vote. That I had to have an opinion and make a decision. It's not on the cards for the UK that I know of.

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By (user no longer on site) OP   
over a year ago


"Can't see much changing. The new Ofgen price cap is going ahead from what we can tell. This freeze isn't worth anything as they can easily renege or move the goal posts.

A lot of ignorant folk out there need to take stock and forget this right vs left rubbish. We are all being taken for fools."

The plan that's currently mooted is a freeze on the price cap for 18 months. So yes, it is worth a great deal.

Not sure what "forget this right vs left rubbish" actually refers to?

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By *ouple in LancashireCouple
over a year ago

in Lancashire


"Can't see much changing. The new Ofgen price cap is going ahead from what we can tell. This freeze isn't worth anything as they can easily renege or move the goal posts.

A lot of ignorant folk out there need to take stock and forget this right vs left rubbish. We are all being taken for fools."

Divide and conquer..

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By *ouple in LancashireCouple
over a year ago

in Lancashire


"Can't see much changing. The new Ofgen price cap is going ahead from what we can tell. This freeze isn't worth anything as they can easily renege or move the goal posts.

A lot of ignorant folk out there need to take stock and forget this right vs left rubbish. We are all being taken for fools.

The plan that's currently mooted is a freeze on the price cap for 18 months. So yes, it is worth a great deal.

Not sure what "forget this right vs left rubbish" actually refers to? "

My own perception which I've held for years is that there's them at the top creaming off the cream whilst the rest are getting the dregs which is I admit a very simple cliché for how our society has been for hundreds of years..

The elite prosper and continue to profit as those who generate the vast amount of the wealth 'get by'..

Thatcher got it in convincing many that if they owned their houses they were fulfilling their aspirations of moving up the class scale, ditto buying shares in a disastrous policy whereby the countries basic utilities are sold off to foreign governments and hedge funds who profit..

Some of those then look down upon others who can't afford to buy, more division of people ..

Brexit is similar..

In effect keep them divided and we will continue to ride the gravy train till the wheels fall off, in the meantime let them think they actually have a democratic choice every now and then whilst all around them the reality is everything for them is going down the pan but we will be ok..

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By (user no longer on site)
over a year ago


"I just read that Liz Truss will effectively freeze bills at the current price cap rate. I didn't realise how worried I was until I burst into tears.

Not just relieved for me, but for the hundreds of thousands of people who've been worried sick about the price cap rise in October.

Trust Truss to do this. Just after I had followed the Daily Mail advice and booked a all inclusive cruise to save on heating bills.

Now I'll have to check the cruise companies cancellation and refund policy..

Are you serious?"

Am I serious about what..?

That ,that was the Daily Mail advice...?

https://www.dailymail.co.uk/news/article-11177613/Save-cash-bills-taking-cruise-cheaper-inclusive-holiday.html

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By (user no longer on site)
over a year ago

I can't believe people still believe a word that comes out this governments mouth. Hasn't the past 3 years taught you anything.

Truss's speech was a same mish mash of BJs uttering's for the last 3 years. Everything is Putin's fault. Promising a modern high wage economy.

But when the plebs want a high wage they are being greedy. So I take it the high wages only refers to the CEO's of big business.

Nothing going to change, time to get your apocalypse plan out.

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By (user no longer on site) OP   
over a year ago


"I just read that Liz Truss will effectively freeze bills at the current price cap rate. I didn't realise how worried I was until I burst into tears.

Not just relieved for me, but for the hundreds of thousands of people who've been worried sick about the price cap rise in October.

Trust Truss to do this. Just after I had followed the Daily Mail advice and booked a all inclusive cruise to save on heating bills.

Now I'll have to check the cruise companies cancellation and refund policy..

Are you serious?

Am I serious about what..?

That ,that was the Daily Mail advice...?

https://www.dailymail.co.uk/news/article-11177613/Save-cash-bills-taking-cruise-cheaper-inclusive-holiday.html"

No, you can't be serious

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By *abioMan
over a year ago

Newcastle and Gateshead


"It’s going to be interesting to see how it’s going to be paid for… all thru extra borrowing, or she going to make the energy companies pay for part thru windfall taxes!

If it’s all through extra borrowing the government 5, 10, 20 and 30 year bonds have all gone through the roof today! So paying it all back is going to cost a lot more! "

The government borrowing… no windfall taxes!

I smell a first u turn coming… the backlash in the government borrowings up to 100 billion, to see energy companies get a 17 bn tax break from the soon to be cancelled corporation tax rise, and the excess profits of 170 billion over the next 2 years is going to be huge in all the tv broadcasts and the papers tomorrow

Liz…. Putting business over people!

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By (user no longer on site)
over a year ago

One thing is apparent (for now) she is far better than Boris at PMQs, at least she attempts to answer the questions

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By (user no longer on site)
over a year ago


"One thing is apparent (for now) she is far better than Boris at PMQs, at least she attempts to answer the questions "

Do you mean, she didn't answer every question with

1. We got Brexit done

And

2. Fastest vaccination roll out in Europe

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By (user no longer on site)
over a year ago


"One thing is apparent (for now) she is far better than Boris at PMQs, at least she attempts to answer the questions

Do you mean, she didn't answer every question with

1. We got Brexit done

And

2. Fastest vaccination roll out in Europe

"

Yep, and I think she will make the HOC a much calmer place, I don’t agree with what she has to say but I like the way she says it ,

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By (user no longer on site)
over a year ago


"One thing is apparent (for now) she is far better than Boris at PMQs, at least she attempts to answer the questions

Do you mean, she didn't answer every question with

1. We got Brexit done

And

2. Fastest vaccination roll out in Europe

Yep, and I think she will make the HOC a much calmer place, I don’t agree with what she has to say but I like the way she says it , "

Never understood the myth of Boris the great oriator. Most of is speeches were written with sprinkling of fancy words to impress and show his cleverness without any clarity or context.

When he was interviewed and got into difficulty, he just started ranting with the aforementioned slogans.

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By *otMe66Man
over a year ago

Terra Firma


"It’s going to be interesting to see how it’s going to be paid for… all thru extra borrowing, or she going to make the energy companies pay for part thru windfall taxes!

If it’s all through extra borrowing the government 5, 10, 20 and 30 year bonds have all gone through the roof today! So paying it all back is going to cost a lot more!

The government borrowing… no windfall taxes!

I smell a first u turn coming… the backlash in the government borrowings up to 100 billion, to see energy companies get a 17 bn tax break from the soon to be cancelled corporation tax rise, and the excess profits of 170 billion over the next 2 years is going to be huge in all the tv broadcasts and the papers tomorrow

Liz…. Putting business over people! "

I think she will fund the shortfall due to the price cap with the £100 billion to the energy companies, with an agreement the energy companies pay the money back over X number of years.

I think the energy companies would lap it up, as they are making huge profits which will allow them to pay it back.

That is the sensible way to do it in my books.

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By *ustintime69Man
over a year ago

Bristol


"Can't see much changing. The new Ofgen price cap is going ahead from what we can tell. This freeze isn't worth anything as they can easily renege or move the goal posts.

A lot of ignorant folk out there need to take stock and forget this right vs left rubbish. We are all being taken for fools.

The plan that's currently mooted is a freeze on the price cap for 18 months. So yes, it is worth a great deal.

Not sure what "forget this right vs left rubbish" actually refers to?

My own perception which I've held for years is that there's them at the top creaming off the cream whilst the rest are getting the dregs which is I admit a very simple cliché for how our society has been for hundreds of years..

The elite prosper and continue to profit as those who generate the vast amount of the wealth 'get by'..

Thatcher got it in convincing many that if they owned their houses they were fulfilling their aspirations of moving up the class scale, ditto buying shares in a disastrous policy whereby the countries basic utilities are sold off to foreign governments and hedge funds who profit..

Some of those then look down upon others who can't afford to buy, more division of people ..

Brexit is similar..

In effect keep them divided and we will continue to ride the gravy train till the wheels fall off, in the meantime let them think they actually have a democratic choice every now and then whilst all around them the reality is everything for them is going down the pan but we will be ok..

"

Could not agree more

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By *amish SMan
over a year ago

Eastleigh


"I just read that Liz Truss will effectively freeze bills at the current price cap rate. I didn't realise how worried I was until I burst into tears.

Not just relieved for me, but for the hundreds of thousands of people who've been worried sick about the price cap rise in October. "

So no change then, still expensive and I suppose the £2500, being mentioned is an average otherwise some will be aiming towards it. In the meantime the government will cover energy companies losses due to her scheme, with this based on the the last few quarterly results. Guess who dips out.

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By (user no longer on site)
over a year ago


"meanwhile bills have more than doubled since last spring.

But we will have to be "grateful" that they don't ride another 80% this year.

i'm sceptical ... the can is being kicked down the road with some tinkering around the edges by treating the symptom, with no attempt to treat the problem itself.

Oh I'm sure the Tories will help as little as they can get away with. But they have to do something.

Millions of people will not just stay home while their family members freeze or starve. The Tories know this.

I genuinely don't think people are going to be freezing and starving if I'm honest. Only people that will be freezing and starving are those that are too frightened to cook a meal or heat their homes.

But based on those energy prices spiralling ever up, that's a hell of a lot. That's the issue. What's coming will likely dwarf any crisis of this sort we've seen in our lifetimes.

I think things are going to be tough and yes we're all going to have a rough Winter but I genuinely don't think It's going to be as bad as we all think and that's why I'm almost a 100% certain the government will step in even more than they already have. If they done they know they stand no chance of being reelected.

Bet you the government will give out just enough for the truly desperate to scrape by.

I also bet you the gov will find a way to use this crisis to shift more mmoney towards the rich.

And I bet the Tories will make most of us pay this all back - except the rich.

I get the impression that no matter what they do you will not be happy lol

You just hate the Tories!

End of "

End of? Gosh that's a clinching argument.

I do hate the Tories, but it's based on the things they have done and said. Just like I hate Savile based on the things he did.

I'd argue it's v rational to hate people who do awful things.

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By (user no longer on site)
over a year ago


"It’s going to be interesting to see how it’s going to be paid for… all thru extra borrowing, or she going to make the energy companies pay for part thru windfall taxes!

If it’s all through extra borrowing the government 5, 10, 20 and 30 year bonds have all gone through the roof today! So paying it all back is going to cost a lot more!

The government borrowing… no windfall taxes!

I smell a first u turn coming… the backlash in the government borrowings up to 100 billion, to see energy companies get a 17 bn tax break from the soon to be cancelled corporation tax rise, and the excess profits of 170 billion over the next 2 years is going to be huge in all the tv broadcasts and the papers tomorrow

Liz…. Putting business over people!

I think she will fund the shortfall due to the price cap with the £100 billion to the energy companies, with an agreement the energy companies pay the money back over X number of years.

I think the energy companies would lap it up, as they are making huge profits which will allow them to pay it back.

That is the sensible way to do it in my books."

You think or do have mole in her inner circle..?

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By *I TwoCouple
over a year ago

PDI 12-26th Nov 24


"Good if that happens but how will it be funded? Two stories doing the rounds. One involves increased taxation over the long term which basically amounts to tax payers subsidising energy companies. So the only real winner in the end is shareholders."

Fear not, it will be funded by the savings from leaving the EU like everything else ...

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By *abioMan
over a year ago

Newcastle and Gateshead


"It’s going to be interesting to see how it’s going to be paid for… all thru extra borrowing, or she going to make the energy companies pay for part thru windfall taxes!

If it’s all through extra borrowing the government 5, 10, 20 and 30 year bonds have all gone through the roof today! So paying it all back is going to cost a lot more!

The government borrowing… no windfall taxes!

I smell a first u turn coming… the backlash in the government borrowings up to 100 billion, to see energy companies get a 17 bn tax break from the soon to be cancelled corporation tax rise, and the excess profits of 170 billion over the next 2 years is going to be huge in all the tv broadcasts and the papers tomorrow

Liz…. Putting business over people!

I think she will fund the shortfall due to the price cap with the £100 billion to the energy companies, with an agreement the energy companies pay the money back over X number of years.

I think the energy companies would lap it up, as they are making huge profits which will allow them to pay it back.

That is the sensible way to do it in my books."

I am sure that was a proposition that Liz ruled out a few days ago, that the government basically underwriting the debt the energy companies would have taken on..

But we shall see

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By *rFunBoyMan
over a year ago

Longridge

They should take it from Wholesalers and subsidise retailers.

£1 for £1, not load up national debt to face years of austerity again. On the subject, George Osborne screwed this country with austerity years ago, what was that all about considering where we are at with debt today?

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By *uddy laneMan
over a year ago

dudley


"They should take it from Wholesalers and subsidise retailers.

£1 for £1, not load up national debt to face years of austerity again. On the subject, George Osborne screwed this country with austerity years ago, what was that all about considering where we are at with debt today?"

You are forgetting the quantitative easing for the bankers.

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By (user no longer on site)
over a year ago

I just don’t like the idea of the 150 billion being put on the shoulders of the tax payer, essentially it’s saying we are still paying this debt over a longer term, but you are still paying.

The windfall taxes to pay for the freeze is sensible, because we didn’t do anything for this situation to happen.

Our hands are tied behind our back. Truss is putting the rich over the poor, as these freezes will has the least impact on the rich.

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By *rFunBoyMan
over a year ago

Longridge

It might not be £3650 nor the £5400 expected in January but at £2500, it is still 36% more than the price today, not the 86% originally.

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