Quote:
Originally Posted by thenry
SkyNews report energy costs to rise despite wholesale costs going down. Perfect timing for Reeves from Halifax to intervene  |
Current domestic prices are not set by current wholesale prices. The energy is "bought" before now.
---------- Post added at 21:10 ---------- Previous post was at 21:08 ----------
Quote:
Originally Posted by Pierre
The fallacy of our energy policy.
Milliband promised to reduce bills by £300 when elected, by current prices that will need to be around £450 now
It’s a target and promise he can’t meet, another broken promise by Labour.
By the end of this term god knows what it will be, it won’t go down that’s for sure.
Due to the U.K. energy pricing structure cheap electricity is not passed onto the consumer……..so what’s the point?
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Part of the reduction in energy bills was to be by insulation. Not everybody needs further insulation, so their bills won't be lowered because of it.
---------- Post added at 21:14 ---------- Previous post was at 21:10 ----------
Quote:
Originally Posted by Mr K
It was the Tories that were responsible for the debt and the situation we're in ! The Govt for 14 years, not the ones just for the last 14 months. If they had won the last GE they'd have to do the same. Cutting NI as a pre election bribe , was a disgrace that we couldnt afford and didnt work. Just one example their financial mismanagement.
Remember Liz and Boris.....
---------- Post added at 18:29 ---------- Previous post was at 18:26 ----------
And you still have the triple lock, increased cash isa allowance. Pensioners never had it so good 
However taking kids out of poverty gets everyone booing! |
The deficit was going down, before covid, energy prices, and cost-of-living came along. Without the previous "austerity" or if Labour won in 2010, UK finances would be a lot worse now.