03-09-2022, 22:16
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#1171
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Just a Geek
Join Date: Jul 2015
Posts: 3,589
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Re: The energy crisis
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.
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appalling
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03-09-2022, 22:20
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#1172
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Architect of Ideas
Join Date: Dec 2004
Posts: 10,316
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Re: The energy crisis
Quote:
Originally Posted by Jaymoss
appalling
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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.
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03-09-2022, 22:29
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#1173
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Just a Geek
Join Date: Jul 2015
Posts: 3,589
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Re: The energy crisis
Close the open market and open the mixed market economy
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04-09-2022, 18:56
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#1175
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laeva recumbens anguis
Cable Forum Team
Join Date: Jun 2006
Age: 67
Services: Premiere Collection
Posts: 42,084
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Re: The energy crisis
Quote:
Originally Posted by Mad Max
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And Sweden & Finland.
https://www.reuters.com/business/ene...ms-2022-09-04/
__________________
There is always light.
If only we’re brave enough to see it.
If only we’re brave enough to be it.
If my post is in bold and this colour, it's a Moderator Request.
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04-09-2022, 23:16
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#1176
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Dr Pepper Addict
Cable Forum Team
Join Date: Oct 2003
Location: Nottingham
Age: 61
Services: Flextel SIP : Sky Mobile : Sky Q TV : VM BB (1000 Mbps) : Aquiss FTTP (330 Mbps)
Posts: 27,700
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Re: The energy crisis
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".
__________________
Baby, I was born this way.
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05-09-2022, 09:15
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#1177
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cf.mega poster
Join Date: Dec 2013
Posts: 14,226
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Re: The energy crisis
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.
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Link: 12ft.io/proxy?q=//www.ft.com/content/419e662b-0f5d-4ec3-b38e-00c30983b810
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05-09-2022, 09:37
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#1178
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Architect of Ideas
Join Date: Dec 2004
Posts: 10,316
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Re: The energy crisis
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.
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https://www.cableforum.uk/board/show...&postcount=934
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05-09-2022, 10:08
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#1179
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Hello !
Join Date: Mar 2004
Location: Somewhere
Services: Sky, AppleTV, Netflix
Posts: 16,632
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Re: The energy crisis
More wool being pulled over peoples eyes and trying to get people on side by promising silly things that will never happen.
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05-09-2022, 10:25
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#1180
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cf.mega poster
Join Date: Dec 2013
Posts: 14,226
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Re: The energy crisis
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.
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To be fair to Truss, she's not promised anything specific except an announcement on help in the first seven days of her term.
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05-09-2022, 10:27
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#1181
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laeva recumbens anguis
Cable Forum Team
Join Date: Jun 2006
Age: 67
Services: Premiere Collection
Posts: 42,084
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Re: The energy crisis
Quote:
Originally Posted by jfman
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I don’t care, as long as the help is given…
__________________
There is always light.
If only we’re brave enough to see it.
If only we’re brave enough to be it.
If my post is in bold and this colour, it's a Moderator Request.
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05-09-2022, 10:51
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#1182
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Remoaner
Cable Forum Team
Join Date: Mar 2004
Posts: 32,218
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Re: The energy crisis
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?
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05-09-2022, 11:13
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#1183
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cf.mega poster
Join Date: Dec 2013
Posts: 14,226
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Re: The energy crisis
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?
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Reversing the NI hike? I suspect it will. Truss seems to believe in trickle-down economics, a theory whose time many thought had gone.
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05-09-2022, 11:18
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#1184
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Architect of Ideas
Join Date: Dec 2004
Posts: 10,316
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Re: The energy crisis
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.
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Can always find the magic money tree for a tax cut or to protect the fake free market.
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05-09-2022, 16:00
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#1185
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cf.mega poster
Join Date: Apr 2004
Location: Northampton
Services: Virgin Media TV&BB 350Mb,
V6 STB
Posts: 7,862
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Re: The energy crisis
Quote:
Originally Posted by Mad Max
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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.
Last edited by nomadking; 05-09-2022 at 16:17.
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