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Gas and Electricity Prices

These producers, the main petrochemical companies. Tax them, cap them, or nationalise them. The sort of price rises being speculated is effectively a matter of national security. Vast swathes of people will refuse to freeze to death just because some very rich people or multi-billion corporations tell them to. Societies just doesn’t work like that when a real tipping point emerges. A £4k energy bill will prove to be just that.

VAT is charged on the fuel cost and duty. We pay taxes on our taxes. It would be far better for the government to meddle in that mess than anything else.
 
Remember the credit card malarkey in the 90 s ?, which ended with many in financial hardship, debt etc ? Well it never bothered me, just used to manage my finances out of my low wages,
and still saved enough to buy some lovely lamda pro stax headphones lol. Others prefer socialising more and thats fine, all good for the economy. And then there are folk, well, you could hand em
a zillion pound a wk and they would spend a zillion and one. Take my mother in law, had 3 kids and has barely done a days work in her life, just lived on benefits lol. But because she was careful
with her dosh.... NO DRINKING, NO SMOKING NO DRUGs ... she manages fine, and poverty s never crossed her path. Saved enough for a 6 wk tour of USA for her 65th birthday as well lol.
I understand everybody's circumstances are different, for example you may have a great job, made redundant and then your world comes crashing down. But I m sure there's been many who
over the years have balanced there outgoings with incomings poorly. I m not some Tory toff type myself either, just living in London on around 23 k a year ( no housing outlays tbf ) but have to pay for everything else. To finish I do respect the good heartedness of folk who reach out and want to help poorer people than themselves, its just that its more complex than some make out
You may not be a Tory toff ,but it sounds like you're
singing from the same DM hymn sheet basically blaming the poor.
Poverty among working families is increasing as is the number of children in poverty.
 
The sort of price rises being speculated is effectively a matter of national security.

The area of concern regarding national security is how our governments over the last 30yrs have not looked to ensuring that they can secure sufficient energy to run the country and instead installed cables so we can import from other countries. Other countries across Europe are in almost precisely the same mess.

There is a completely separate argument about oil and gas companies and how they have been taxed. Even taking the jounalistic sensationalism out of the current BBC 3 part series there are some serious questions need answering.

Regards

Richard
 
As pointed out by someone on Sky earlier; what is the point of having a energy regulator and price caps if they just keep going up every couple of months?

So what is Ofgem for? What benefit does it bring? It is clear the energy companies are currently banking record profits, the end-user is getting totally reamed, and the elite Tory government will only ever side with their wealthy donors and escalate divisions and inequality.

It can't take action of the degree needed now. That is purely a decision for elected representatives to make.

The thing to consider is what would have happened with prices if OFGEM weren't there and it was a genuine free market.
 
You may not be a Tory toff ,but it sounds like you're
singing from the same DM hymn sheet basically blaming the poor.
Poverty among working families is increasing as is the number of children in poverty.
Yes, I know it must really irk the left when low income people say they can manage fine ..ish..lol... Get that. And I understand the present situation is
really serious, but to say people don't make poor choices... really ?. For example the ASH report on smoking this year claimed / estimated that a third
of smoking households are living in poverty. I get of course its not a simple thing to stop.
 
Poverty among working families is increasing as is the number of children in poverty.

Maybe you can explain this conundrum about child poverty. Ever since G.B. started waving this term around, I've never understood, when a child (in most cases) is the responsibility of parents, why the child is poor in its own right. If the parents are poor, one assumes that the children are less than flush !

There must be a simple explanation, but it's escaped me all these years (quite serious); I even asked here some years ago but didn't get clarification.
 
People who think they can just not pay need a reality check.

https://www.bbc.co.uk/news/business-62435432

At the moment, that's 80000 households who, if they actually do what they pledge, energy companies will have to commit resource to deal with in a legal manner, set up payment plans, fit a meter and, ultimately, disconnect. I'm not convinced the energy companies have the resources to deal with all of them and might pressure the Govt to do something before it gets to that.

However, they will deal with as many of those who choose not to pay as they can. Lots of those 80k will be disconnected.
 
People who think everyone can just pay need a reality check.

My sense is that there are a bunch of folk who think they’ll ‘get away’ with not paying when they are perfectly able to. My view hasn’t changed, those with the greatest need should be helped.
 
At the moment, that's 80000 households who, if they actually do what they pledge, energy companies will have to commit resource to deal with in a legal manner, set up payment plans, fit a meter and, ultimately, disconnect. I'm not convinced the energy companies have the resources to deal with all of them and might pressure the Govt to do something before it gets to that.

However, they will deal with as many of those who choose not to pay as they can. Lots of those 80k will be disconnected.

Most people in the UK will be customers of a supplier that has signed up to the Energy UK Vulnerability Commitment which states households won't be disconnected if they:

- have children under the age of six
- have children under the age of 16 in winter (1 October – 31 March)
- cannot safeguard your welfare or the welfare of other members in your household because of your age, health, disability or severe financial insecurity
 
Maybe you can explain this conundrum about child poverty. Ever since G.B. started waving this term around, I've never understood, when a child (in most cases) is the responsibility of parents, why the child is poor in its own right. If the parents are poor, one assumes that the children are less than flush !

There must be a simple explanation, but it's escaped me all these years (quite serious); I even asked here some years ago but didn't get clarification.
But the child would be poor, not a good diet or clothing etc, if the parents are poor. I did nt quite understand the question, but thats probably me. I m like that.. thick
 
I've already paid quite a large sum of money over 22yrs here to get my bills down (in my 1859 detached stone farmhouse) but then I don't buy/ change/ lease a new car every year or two, go on expensive holidays etc. etc. There are many households in the UK who have chosen to spend their money in particular ways and are now finding that just maybe some of that money could have been spent differently and looking for somebody else to help them out?

I knew the Poll Tax thing would come up the second somebody hinted at civil insurrection. With the normal caveats of protecting the genuinely needy is there anybody who can make a sound argument against ALL wage earners in an area paying a local tax? Doesn't matter whether you call it Council Tax, the Poll Tax, local income tax, rates etc. etc. I must be missing something as it seems perfectly fair to me. I asked this same question recently and I don't think it was answered then.

There is nothing entirely unexpected about the way things are going it was simply a matter of time.

Yes let's nationalise the energy industry. I can hardly wait to pay more taxes to bail others out, just add them to the COVID-19 tax hikes........

Regards

Richard
22 years is very impressive dedication. Our son by accident and some design chose a different route. Before Brexit he gained his Norwegian residency. He and his partner have just bought a house. Houses in Norway are very highly insulated by design and their electric heating is in expend as it’s produced by hydro. In terms of insulation Scandinavia has such a head start on us. Our son is doing his bit for the planet being vegan and a geologist working in geothermal energy from waste heat as well as carbon capture & storage. Of course Norway is an expensive country for us Brits but it’s also a high wage economy that values innovation, due to this our son earns far more in Norway than he could in the UK (3 times!), not that there are many equivalent jobs here.

The other side of the coin is that Norway is wealthy due to selling their fossil fuels (bad) and hydro electricity (good). We can’t all move to Norway…unfortunately.
 
Yes, I know it must really irk the left when low income people say they can manage fine ..ish..lol... Get that. And I understand the present situation is
really serious, but to say people don't make poor choices... really ?. For example the ASH report on smoking this year claimed / estimated that a third
of smoking households are living in poverty. I get of course its not a simple thing to stop.
Why not spread some goodwill and share your budgetary skills instead seeking to castigate the poor.
Who uses food banks?

  • Problems with the benefits system (delays, inadequacy and reductions)
  • Challenging life experiences or ill-health
  • Lack of informal or formal support.
 
I’m the end all that will happen is that those who can pay will end up paying more to make up for those who can’t (or won’t) pay.
 
In the end all that will happen is that those who can pay will end up paying more to make up for those who can’t (or won’t) pay.

Those that fall just outside of qualifying for the £650 are hit the hardest.
That's quite an ledge to fall off.

Many people on a hifi forum just need to sell off another black box I suspect
 
Why not spread some goodwill and share your budgetary skills instead seeking to castigate the poor.
Who uses food banks?

  • Problems with the benefits system (delays, inadequacy and reductions)
  • Challenging life experiences or ill-health
  • Lack of informal or formal support.
Not having a pop at the poor as such , just saying some folk , not all, DO make poor choices. And you can hardly call me rich living in London on 23k per year
Anyway thanks for replying. Respect your position
 
Most people on a hifi forum just need to sell off another black box I suspect

Nothing's really shifting though, there's someone in the classifieds trying to flog off about £9,000 worth of gear with no takers seemingly.

That's the thing with this current crisis people will simply stop buying stuff any stuff not just hi-fi equipment.

I'm already seeing customers not spending on boiler services for example.
 


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