It’s not a cap if it just keeps increasing, is it?
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It's just a "current"Comment
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I feel they're very close to a realisation there, but not quite there yet.Originally posted by Neon Ignition View PostComment
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Labour announces the price cap freeze plan claiming expanding the windfall tax can fund it and that it will also reduce inflation.
Cost of living – live: ‘Overwhelmed’ food banks unable to cope with unprecedented demand (msn.com)
Though Truss looks set to defeat Sunak in the leadership contest it may be a short lived victory as amongst the Tory member voters she is largely less popular than Johnson still is according to a new poll
Johnson is too busy hard at work though... working on his air miles that is. The somehow-still PM is showcasing his ability to accomplish as little as possible by having a second holiday within two weeks
75% of Tory voters support Labours energy price cap planComment
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The Tories existing support package to families looks increasingly likely cost more than the one Labour just announced
Crude Oil prices continue to lower
Guest Speakers at the Cabinet Office will be vetted to ensure they've never criticised the GovernmentComment
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Water roundup:
TLDR, Privatisation has screwed it.
Firstly, DEFRA were supposed to review companies being allowed to dump raw sewage in rivers in September, but have pushed it back to an indefinite date:
Plan to reduce sewage in rivers is shelved by the Government
Ministers promised to publish the strategy by September, but Defra now says it will be released ‘in due course’
(Telegraph story, sorry)
So, we're starting to see more beaches with sewage warnings:
Sewage warning issued for Folkestone beach as swimmers urged to stay away
Two sewer overflows have discharged via an outfall pipe located 700m offshore.
(although it was only a small notice on their website, so loads of people still in the sea on a hot day yesterday)
People warned not to swim at Saunton Sands
One of Devon's most popular beaches has been labelled too polluted to swim in by the Environment Agency
https://www.devonlive.com/news/devon...aunton-7462802
Just 16% of English & Welsh rivers meet minimum EU standards due to untreated waste & storm water.
The regulator, Ofwat, is investigating 6 big water companies over their handling of sewage.’
‘Thames Water, the poster child for aggressive financial engineering, was fined £20 million in 2016 for tipping 1.4 billion litres of raw sewage into the Thames and its tributaries. It was fined again in 2018 and 2021, and last October admitted to hundreds more illegal spills.’
Sewage in water: a growing public health problem
"Keeping human faeces out of the waterways people use recreationally is a key public health intervention."
Professor Chris Whitty
Meanwhile, reservoirs have been sold off, but not replaced in the last 31 years:
UK needs 30 new reservoirs to protect water supply
‘not a single new reservoir has been built since 1991 despite the UK population increasing by 10 million during that time’
https://inews.co.uk/news/environment...-years-1793414
Water companies ‘sold off reservoirs that could have eased drought’
Firms gave up sites for reserves without building new ones, says former head of Natural England
So people are starting to question if the water companies have profits or performance as their main target:
‘Since they left the bosom of the state, the water companies’ borrowings have risen to £56 billion. They have paid out £72 billion in dividends. And customers’ bills have gone up by 40 per cent, while up to a fifth of water is lost to leaks.’
Environment Agency pension fund criticised for owning stakes in UK water firms
The Environment Agency’s pension fund owns £28m stakes in six of the largest British water companies – despite the watchdog calling for industry bosses to be jailed over shocking pollution levels.
https://www.theguardian.com/business...uk-water-firms
China wealth fund buys nearly 9% of Thames Water
https://www.bbc.co.uk/news/business-16643989
Thames Water accused of ignoring warnings after hundreds in Surrey endure days without water
Thames Water has been accused of repeatedly ignoring warnings about cuts to supplies and burst pipes in Surrey where hundreds of households had to endure three days without tap water at the height of this weekend’s heatwave.
https://www.theguardian.com/environm...-without-water
"Residents, including some that were vulnerable, had to queue for bottled water on Saturday in temperatures of well over 30C (86F) after a pump failure at Netley Mill treatment works.
By Sunday morning up to 1,000 homes began a third day without water. Supplies were restored to up to 9,000 homes, but many households still complained about low water pressure."Comment
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There is absolutely zero defense of water being privatised, let's see how long the Tories can claim superiority over Labour on finances with the direction things are goingComment
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Everything seems to be pretty much gone to worst case scenarios where privatisation is concerned. what i wasn't aware of is that their is no price-cap on business tariffs for energy. One caller into LBC was claiming his energy bill for his Fish-shop has had his cost per unit increased by a factor of ten making his £7,000 yearly bill a £70,000 bill. This is forcing him to shut as the running costs and staffing costs make the business nonviable. this will be the case for many business in the uk as well as schools who will not be having to make massive cuts to keep the lights on for pupils.
The only good thing to come out of this is Life long Tory voters are waking up on a scale I"ve not seen before to the evils of privatisation its to late for this guy as it seems this goverment will be putting himself and his 10 staff out of business, and its no doubt to late for a lot of the uk business, whoever gets in will have to put the UK massively in debt to undo this and its not going to change anything overnight.
Last edited by Lebowski; 15-08-2022, 11:19.Comment
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This is the laugh. The line still is often trotted out about how Labour don't know how to manage the nations debt and yet the Tories have just set a 12 year example of how to demolish the fifth richest world nations entire infrastructure to set the public back by decades in living standards.
Someone on the radio over the weekend basically said sell off loads of gold, reduce us to the sixth or seventh richest nation and just spend it fixing the mess because frankly who gives a **** about our ranking if we can't even turn the taps onComment
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That would be a good idea if the UK had lots of gold to sell off. But it doesn’t. Gordon “I saved the banks” Brown sold off a lot of the reserves years ago.Comment
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Why is Gold even that valuable? It's not even the best metal
Time the world traded in Heavy MetalComment
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If we just sell off the NHS we can raise some free cash to help with those pesky rising bills this winter. Then we can also start charging those filthy sick people and get that bus money together.
Lets not affect the energy share holders though guys, you wouldn’t want their yachts to go cold this winter would you?Comment
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Starmar says that the Tories arguing that only the poorest will feel the impact of the energy crisis shows how out of touch they are
Labour has clearly finally found its campaign key point with a plan to heavily ram home their energy cap proposal before the Tories are in a position to claim a similar idea as their ownComment
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If Labour do that then they'll win a GE I'm convinced of it, it's complete bollocks our gas and leccy prices are linked to rich blokes betting.
Of course they'll probably make a pigs ear of the economy and/or Starmer will stick his nose into another country and make himself a war criminal but at least we'll have decent gas prices.Comment
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Ive not seen anyone peddling that Labour isn't financially responsible trope for a while, it must of been a Labour goverments that sold off all the UK's infrastructure was it and forced Brexit on us dividing the country in two?
Didn't they also sell profitable business like the post office super cheaply too? wasnt it them that took the back handers and token positions on boards, lobbying, and wasting the billions on ppe contracts given out to fast lane/friends.
Did they also waste Billions on the failed Test and trace system, have A Non Dom tax dodging chancellor, except free flat refurbish with gold wallpaper, and holidays for peerages.
"But But brown sold off some gold once, and we cant have higher wages as that will push up inflation..... oh its going up already despite wages going down hmmm"Last edited by Lebowski; 16-08-2022, 14:11.Comment
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