Also worth remembering that October is the month that businesses renegotiate their energy contracts. Cornwall Insight's analysis shows that businesses will have to pay more than four times the price they paid for their electricity in 2020. This is the data behind the claims that certain sectors eg fish and chip shops will be severely impacted.
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Quote:
Originally Posted by Julian
Yup so before 1/10 even our most incompetent government will have to do something to stop the sudden rises.
They do have previous for throwing seemingly unlimited amounts of money at people.
Personally I am not in favour of anyone getting piles of money to spend on whatever they want.
Reducing the price of the cause of the problem is much better.
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The cause is the UK's dependence on world energy markets through lack of home grown energy generation. It's not a problem that can be solved very quickly.