UK Energy Prices - Page 79

Jaymoss · 03-09-2022, 23:16

Quote:

Originally Posted by jfman

Unfortunately yes, charging the highest prices the market can bear (and there will be customers who can’t/won’t pay above that) is where unregulated capitalist markets go where there is no/limited competition.

While some customers leave the market (go out of business) this still gives the optimum return provided there are sufficient customers able/willing to pay.

appalling

jfman · 03-09-2022, 23:20

Quote:

Originally Posted by Jaymoss

appalling

I agree which is why regulation needs to be tighter, and the state should be more involved through that or ownership. Companies will not act in the wider public interest and there’s no competition to keep them honest.

Jaymoss · 03-09-2022, 23:29

Close the open market and open the mixed market economy

Mad Max · 04-09-2022, 19:34

Germany putting in a lot of money to ease the energy crisis.

https://www.france24.com/en/europe/2...-energy-crisis

**Hugh** · 04-09-2022, 19:56

Quote:

Originally Posted by Mad Max

Germany putting in a lot of money to ease the energy crisis.

https://www.france24.com/en/europe/2...-energy-crisis

And Sweden & Finland.

https://www.reuters.com/business/ene...ms-2022-09-04/

**Paul** · 05-09-2022, 00:16

Two things I am certain of.

1. Whoever gets to be PM will pretty quickly announce more measures.

2. No matter what they are, everyone will moan and complain about them not being "enough".

1andrew1 · 05-09-2022, 10:15

Will she implement the Opposition's suggestions? It would be a good way to gain popularity with the UK electorate.

Quote:

Liz Truss looks at energy price freeze to tackle spiralling bills

Foreign secretary expected to be named UK’s new prime minister later on Monday

Liz Truss, who is expected to be named as Britain’s next prime minister on Monday, is considering freezing energy bills in response to the spiralling cost to households.

Energy industry executives have been talking to members of Truss’s camp in recent weeks about ways to freeze energy bills for at least the most vulnerable households.

Truss’s team declined to comment on growing expectations in the energy sector that a freeze is being prepared following the talks. Labour and the Liberal Democrats have already proposed that bills should be capped.

“We are not commenting on speculation,” a spokesperson for the Truss campaign said. “We are not ruling anything in or out.”

Last month Sir Ed Davey, the Lib Dem leader, and Gordon Brown, the former Labour prime minister, called for the energy price cap to be frozen at its current level and released plans explaining how this could be funded.

Link: 12ft.io/proxy?q=//www.ft.com/content/419e662b-0f5d-4ec3-b38e-00c30983b810

jfman · 05-09-2022, 10:37

If this comes to pass I look forward to the mental gymnastics involved in backing the Tories for finding that magic money tree (again).

Quote:

Originally Posted by OLD BOY

Liz is not going to be one to splash the cash like Moneytrees Starmer.

https://www.cableforum.uk/board/show...&postcount=934

Halcyon · 05-09-2022, 11:08

More wool being pulled over peoples eyes and trying to get people on side by promising silly things that will never happen.

1andrew1 · 05-09-2022, 11:25

Quote:

Originally Posted by Halcyon

More wool being pulled over peoples eyes and trying to get people on side by promising silly things that will never happen.

To be fair to Truss, she's not promised anything specific except an announcement on help in the first seven days of her term.

**Hugh** · 05-09-2022, 11:27

Quote:

Originally Posted by jfman

If this comes to pass I look forward to the mental gymnastics involved in backing the Tories for finding that magic money tree (again).

https://www.cableforum.uk/board/show...&postcount=934

I don’t care, as long as the help is given…

**Damien** · 05-09-2022, 11:51

I don't think it was never likely they would do nothing given the crisis that's to come tbh. I wonder if she'll go ahead with the tax cuts at the same time though?

1andrew1 · 05-09-2022, 12:13

Quote:

Originally Posted by Damien

I don't think it was never likely they would do nothing given the crisis that's to come tbh. I wonder if she'll go ahead with the tax cuts at the same time though?

Reversing the NI hike? I suspect it will. Truss seems to believe in trickle-down economics, a theory whose time many thought had gone.

jfman · 05-09-2022, 12:18

Quote:

Originally Posted by 1andrew1

Reversing the NI hike? I suspect it will. Truss seems to believe in trickle-down economics, a theory whose time many thought had gone.

Can always find the magic money tree for a tax cut or to protect the fake free market.

nomadking · 05-09-2022, 17:00

Quote:

Originally Posted by Mad Max

Germany putting in a lot of money to ease the energy crisis.

https://www.france24.com/en/europe/2...-energy-crisis

UK has already put in £37bn. Germans already pay more for their electricity and gas. Prior to this announcement, Germany had only spent 30bn Euros, which was less than the UK. Is their 1,000 Euros energy levy still going to go ahead? That would take the shine off the 65bn Euros.

Bear in mind it was Germany that played a large part in the price increases of a year ago, with their failed wind power.