Brace yourselves

rearaxle:
Yes and we all know those that sign on then go straight to pub down rd for the last 10yrs,really looking for work eh!.and all those taxi drivers who only do 16hrs a week for the top ups…or the mid 30s neighbours with six kids with the rent etc all paid for by the likes of me n you.

Fraud is indefensible.

The £900 million (2019/20) estimated benefit fraud (mostly poorer people) already has a whole section looking at it.
The £4,500 million estimated furlough fraud (mostly businesses) has been written off.

Gavv8:
I still can’t quite get a handle on the situation with energy price help but the rest just seems purpose built to fill the pockets of city boys/girls, people with large amounts of cash to spend on property and small businesses who contribute Jack all anyway.

The ‘energy price help’ has the same policy aims as all the more obvious handouts to the rich.

The Government will be limiting what consumers pay per unit of fuel, then any amount charged by suppliers over and above that price per unit is borne by the taxpayer.

For example, they are setting the gas price cap at 10.3 pence per unit.
The actual price of a unit ‘charged’ by the suppliers will be around 15 pence per unit.
This means the taxpayer will be paying 4.7 pence per unit of everybody’s bill.

Someone in a small house using 970 units a month for a gas bill of £100 will cost taxpayers 970 X 4.7p = £45 per month.
Someone in a mansion using 9,700 units a month for a gas bill of £1000 will cost taxpayers 9,700 X 4.7p = £455 per month.
Someone heating stables & swimming pools as well as their mansion (Rishi) using 97,000 units a month for a gas bill of £10,000 will cost taxpayers 97,000 X 4.7p = £4,559 per month.

Annually those figures are: £540, £5,460 & £54,708 respectively.

Having multiple homes will get you help for each one of them.
There are no limits on greed usage or reductions in help for those with a clear ability to pay.

The same goes for electricity costs - & these figures are based on current prices which will most likely rise even more in the 2 years this cap had been guaranteed for.
Obviously the energy companies, knowing the taxpayer is underwriting their oligopoly, will be raising prices beyond what market forces dictate the need to do.

Make no mistake - this is a bailout for the energy companies.
The smaller suppliers were allowed to go bust & now the remaining few are being bailed out to be paid for by us, our children & our children’s children.
The figures above do not take into account the additional cost of borrowing the money.

(All figures are approximate & do not include the standing charge element of bills).

ScaniaUltimate:

Gavv8:
I still can’t quite get a handle on the situation with energy price help but the rest just seems purpose built to fill the pockets of city boys/girls, people with large amounts of cash to spend on property and small businesses who contribute Jack all anyway.

The ‘energy price help’ has the same policy aims as all the more obvious handouts to the rich.

The Government will be limiting what consumers pay per unit of fuel, then any amount charged by suppliers over and above that price per unit is borne by the taxpayer.

For example, they are setting the gas price cap at 10.3 pence per unit.
The actual price of a unit ‘charged’ by the suppliers will be around 15 pence per unit.
This means the taxpayer will be paying 4.7 pence per unit of everybody’s bill.

Someone in a small house using 970 units a month for a gas bill of £100 will cost taxpayers 970 X 4.7p = £45 per month.
Someone in a mansion using 9,700 units a month for a gas bill of £1000 will cost taxpayers 9,700 X 4.7p = £455 per month.
Someone heating stables & swimming pools as well as their mansion (Rishi) using 97,000 units a month for a gas bill of £10,000 will cost taxpayers 97,000 X 4.7p = £4,559 per month.

Annually those figures are: £540, £5,460 & £54,708 respectively.

Having multiple homes will get you help for each one of them.
There are no limits on greed usage or reductions in help for those with a clear ability to pay.

The same goes for electricity costs - & these figures are based on current prices which will most likely rise even more in the 2 years this cap had been guaranteed for.
Obviously the energy companies, knowing the taxpayer is underwriting their oligopoly, will be raising prices beyond what market forces dictate the need to do.

Make no mistake - this is a bailout for the energy companies.
The smaller suppliers were allowed to go bust & now the remaining few are being bailed out to be paid for by us, our children & our children’s children.
The figures above do not take into account the additional cost of borrowing the money.

(All figures are approximate & do not include the standing charge element of bills).

There are no words…

to describe the utter and total scumbags that are the tory Party…

In their demonic desire to enrich themselves at all cost, they are about to burn the house down…

Pound is dead, lol

ETS:
Pound is dead, lol

All oil is traded in dollars.
Our energy costs have just been hiked up by the budget, and those of us who run petrol and diesel cars have just had our running costs increased. All goods transported by road will cost more.

Having told us that the Tory Gov (she was a member of) have cocked up the economy over the past years, Truss and Kwarteng are now showing us how to make a bad situation worse!

the nodding donkey:

ScaniaUltimate:

Gavv8:
I still can’t quite get a handle on the situation with energy price help but the rest just seems purpose built to fill the pockets of city boys/girls, people with large amounts of cash to spend on property and small businesses who contribute Jack all anyway.

The ‘energy price help’ has the same policy aims as all the more obvious handouts to the rich.

The Government will be limiting what consumers pay per unit of fuel, then any amount charged by suppliers over and above that price per unit is borne by the taxpayer.

For example, they are setting the gas price cap at 10.3 pence per unit.
The actual price of a unit ‘charged’ by the suppliers will be around 15 pence per unit.
This means the taxpayer will be paying 4.7 pence per unit of everybody’s bill.

Someone in a small house using 970 units a month for a gas bill of £100 will cost taxpayers 970 X 4.7p = £45 per month.
Someone in a mansion using 9,700 units a month for a gas bill of £1000 will cost taxpayers 9,700 X 4.7p = £455 per month.
Someone heating stables & swimming pools as well as their mansion (Rishi) using 97,000 units a month for a gas bill of £10,000 will cost taxpayers 97,000 X 4.7p = £4,559 per month.

Annually those figures are: £540, £5,460 & £54,708 respectively.

Having multiple homes will get you help for each one of them.
There are no limits on greed usage or reductions in help for those with a clear ability to pay.

The same goes for electricity costs - & these figures are based on current prices which will most likely rise even more in the 2 years this cap had been guaranteed for.
Obviously the energy companies, knowing the taxpayer is underwriting their oligopoly, will be raising prices beyond what market forces dictate the need to do.

Make no mistake - this is a bailout for the energy companies.
The smaller suppliers were allowed to go bust & now the remaining few are being bailed out to be paid for by us, our children & our children’s children.
The figures above do not take into account the additional cost of borrowing the money.

(All figures are approximate & do not include the standing charge element of bills).

There are no words…

to describe the utter and total scumbags that are the tory Party…

In their demonic desire to enrich themselves at all cost, they are about to burn the house down…

As opposed to carbon tax and VAT and weaponising energy pricing to meet ‘climate’ scam targets.Obviously LibLab policy together with their Con uniparty allies.
Why would UK energy suppliers need ‘bailouts’ in a country that’s sitting on an ocean of gas and oil and a mountain of coal.

Quote Of The Day:
“Investors seem inclined to regard the UK Conservative Party as a doomsday cult”,
Paul Donovan, chief economist of UBS Global Wealth Management."

There are no words…

to describe the utter and total scumbags that are the tory Party…

In their demonic desire to enrich themselves at all cost, they are about to burn the house down…

And every single person who voted for them is culpable, and the argument that they were the least worst at the time is now put to bed I think. It’s not like no one was warning you all not to vote for the corrupt sods.

To think people on here are still saying go after benefit claimants when many claimants are in work, YOU may be trying to get benefits soon, then you will see how ■■■■ hard it is to get any help at all in this country.

Just think how much crap we are now going to be fed about dinghies and ‘woke’ stuff now to distract the hard of thinking from what they have done.

If the crap we have had (still ongoing) from Brexit wasn’t bad enough, surely this will make the penny drop with the tories on here.

Can anyone still say it’s immigrants that are hurting us, not the men in suits…

Darkside:

There are no words…

to describe the utter and total scumbags that are the tory Party…

In their demonic desire to enrich themselves at all cost, they are about to burn the house down…

And every single person who voted for them is culpable, and the argument that they were the least worst at the time is now put to bed I think. It’s not like no one was warning you all not to vote for the corrupt sods.

To think people on here are still saying go after benefit claimants when many claimants are in work, YOU may be trying to get benefits soon, then you will see how ■■■■ hard it is to get any help at all in this country.

Just think how much crap we are now going to be fed about dinghies and ‘woke’ stuff now to distract the hard of thinking from what they have done.

If the crap we have had (still ongoing) from Brexit wasn’t bad enough, surely this will make the penny drop with the tories on here.

Can anyone still say it’s immigrants that are hurting us, not the men in suits…

Couldn’t have said it better meself, Jonathan pie nails it too. youtube.com/watch?v=w-V5FVludFk

Jonathan Pie usually calls it right, but he is a horrid woke lefty so doesn’t get the audience he deserves

This article from a few weeks ago may make you catch your breaths…
Patrick Minford, (the invisible hand), beloved economist of the ERG group, predicted a rise to 7% for interest rates.

theguardian.com/commentisfr … hatcherism

Mad as Reagan`s hat maker!

This awful Truss person is going to be remembered as the leader that got the dreadful ‘fake’ modern labour party into number 10 .Dreadful times are ahead and its all downhill for the UK. In my honest opinion there has been a big plan to completely ruin the UK, but I’m not getting into it after reading some of the nonsense in the brexit posts :unamused:

GET WHAT YOU CAN WHILE YOU CAN.

Darkside:
Jonathan Pie usually calls it right, but he is a horrid woke lefty so doesn’t get the audience he deserves

Yeah He is a bit of a walter,he must realize that all politicians are only interested in themselves. If Labour get into number 10 nothing will change for them, but for us it will mean lower wages and heavier house prices due to yet more mass immigration.
None of the current parties are good for Britain at all… imo.

Franglais:
predicted a rise to 7% for interest rates.

yeah but inflation is 10% (so far) so that’s less than enough. Also it would kill housing market+construction+probably most lending institutions (and their creditors aka depositors in the case of banks) and KK said we can’t have that

ETS:

Franglais:
predicted a rise to 7% for interest rates.

yeah but inflation is 10% (so far) so that’s less than enough. Also it would kill housing market+construction+probably most lending institutions (and their creditors aka depositors in the case of banks) and KK said we can’t have that

The climate scam is doing far more damage to the economy including ripping of savers to subsidise the resulting taxes and energy prices.
The construction sector has been hit more by the new red diesel rules in that regard.
When what was needed was actually the reverse in the form of an extension of red diesel use to road transport in general not just plant.Also abandon the Paris Accord madness which is driving this inflationary melt down.
Instead of which we’ve got the LabLibs and SNP moaning about the economy while calling for an even faster dash to electric at £1 per kWh and even more draconian punitive carbon taxes.

ETS:

Franglais:
predicted a rise to 7% for interest rates.

yeah but inflation is 10% (so far) so that’s less than enough. Also it would kill housing market+construction+probably most lending institutions (and their creditors aka depositors in the case of banks) and KK said we can’t have that

KK said he had a good budget to kick-start/turbo-charge/energize the economy.

He seems to have wanted a heart defibrillator, but used an HT cable instead.

Franglais:

ETS:

Franglais:
predicted a rise to 7% for interest rates.

yeah but inflation is 10% (so far) so that’s less than enough. Also it would kill housing market+construction+probably most lending institutions (and their creditors aka depositors in the case of banks) and KK said we can’t have that

KK said he had a good budget to kick-start/turbo-charge/energize the economy.

He seems to have wanted a heart defibrillator, but used an HT cable instead.

I don’t know, man. Imagine going into a bank to ask for a loan when you already have one, the new one will be at an even higher interest than the old one and the bank is naturally interested in how do you plan to repay it- why, I’ll borrow more of course, you reply cheerfully. You would be kindly asked to make your way out.

Bizarre sort of self deception going on?

The ERG thought that they could make money in an unstable market.

After all that is how money markets work: “investment companies” don`t make money by investing in buildings, equipment, workers, etc. They can make money when stock or currency rises or falls.
Make no mistake, those selling the £ short will have made money from the last budget.
Markets rise or fall, savvy investors (or insiders) will still win.
Companies that actually employ workers? Pahh !

Anyways, the ERG searched around the world to find someone who really understood macro-economics.
After searching high and low, from Tibet to Holland, they found a true savant.
Ignoring all the internationally reputed and Nobel winning economists, they told us that Patrick Minford, was the sole economist who knew how the world worked.
Taking him from his ivory tower, in Cardiff, they adopted him as a figurehead.
“Ignore those Nobel prize winning international economists” they cried “He knows it all”.

It seems that Truss, who owes her leadership of “The Party” to the Politb…sorry …ERG… actually believed he knew what he was talking about…

To borrow a CarryFast phrase “You couldn`t make it up”

Except of course, it is!

:grimacing:

Franglais:
Bizarre sort of self deception going on?

The ERG thought that they could make money in an unstable market.

After all that is how money markets work: “investment companies” don`t make money by investing in buildings, equipment, workers, etc. They can make money when stock or currency rises or falls.
Make no mistake, those selling the £ short will have made money from the last budget.
Markets rise or fall, savvy investors (or insiders) will still win.
Companies that actually employ workers? Pahh !

Anyways, the ERG searched around the world to find someone who really understood macro-economics.
After searching high and low, from Tibet to Holland, they found a true savant.
Ignoring all the internationally reputed and Nobel winning economists, they told us that Patrick Minford, was the sole economist who knew how the world worked.
Taking him from his ivory tower, in Cardiff, they adopted him as a figurehead.
“Ignore those Nobel prize winning international economists” they cried “He knows it all”.

It seems that Truss, who owes her leadership of “The Party” to the Politb…sorry …ERG… actually believed he knew what he was talking about…

To borrow a CarryFast phrase “You couldn`t make it up”

Except of course, it is!

You didn’t mention the ’ B ’ word there once Franglais.Still no sign of my Unicorn by the way. The BBQ will be cold before it arrives.
The Unicorn Kingdom is paying around half a billion pounds a day in interest to service the current debt I read.
If the BoE put the rates up again in Nov, then the cost rises
The most unpublished thing is the fiscal drag where there is no rise in allowance before tax until the 25/26 budget so the 12750 doesn’t rise and even pensioners with the triple lock rise of 10 percent will get taxed. Mwhahahaa

> Carryfast:
> The climate scam is doing far more damage to the economy including ripping of savers to subsidise the resulting taxes and energy prices.
> The construction sector has been hit more by the new red diesel rules in that regard.
> When what was needed was actually the reverse in the form of an extension of red diesel use to road transport in general not just plant.Also abandon the Paris Accord madness which is driving this inflationary melt down.
> Instead of which we’ve got the LabLibs and SNP moaning about the economy while calling for an even faster dash to electric at £1 per kWh and even more draconian punitive carbon taxes.

I think you got the wrong thread Windage - or your needle is stuck in the groove.