So why the hell are you a Tory?Agree with that.
Certain things should be state controlled in the national interest.
Power
Water
Agriculture/Food
Balanced with some private sector ethos, so basket cases aren`t funded endlessly.
And ban the import of avocado`s and nut "milk".
Looks like Lizzie gets her policies from this forum
Truss said to be planning 18-month bill freeze
Simon Jack
BBC Business Editor
The BBC understands the government is planning an intervention in the wholesale gas and electricity markets which would benefit both domestic and business customers.
It's thought the government plans to freeze household bills at their current level through this winter and next - so roughly 18 months.
Energy companies would take out government-guaranteed loans to bridge the gap between the wholesale price in the market and the fixed price they are charging customers. Those loans would be repaid over the next 10-20 years through supplements to customer bills.
The precise mechanism to help business may be more complicated and would be reviewed more frequently, but reports suggest it could see the government mandate energy firms to offer specific reductions on the unit price of the energy businesses use.
The way that energy companies would be reimbursed for their losses on sales to business customers is also unclear.
The government estimates that the total package will amount to somewhere between £100-130bn, but the ultimate number will depend on movements in the international energy markets which have been extremely volatile - so it could be less, or it could be a lot more. An intervention of this nature on this scale is very hard to price.
It is also unclear how the government will treat its exposure to the energy market through its loan guarantees, as clearly there is a risk that energy companies might be unable to repay their loans if their domestic customers are unable to pay or if their business customers go bust.
metro.co.uk
It's quite amazing that the EU is trying to address the excess profits by taking £120bn from the energy companies and, with the exact same problem our government is giving the energy companies £120bn of taxpayer money!!The EU are hitting energy companies with a windfall tax on excessive profits after Liz Truss said that was a 'bad idea'.
Bad idea for whom? Bad because it means the greedy Tories and donors won't be getting as much in their dividend payments from Shell?
Looks like another one of those 'benefits of Brexit'?
EU hits energy companies with £120,000,000,000 windfall tax
The European Union hopes to raise more than €140billion (£12.1 billion) to spread across 27 member nation.
So if the EU are hitting the energy companies with a windfall tax who will benefit, who will get it?The EU are hitting energy companies with a windfall tax on excessive profits after Liz Truss said that was a 'bad idea'.
Bad idea for whom? Bad because it means the greedy Tories and donors won't be getting as much in their dividend payments from Shell?
Looks like another one of those 'benefits of Brexit'?
EU hits energy companies with £120,000,000,000 windfall tax
The European Union hopes to raise more than €140billion (£12.1 billion) to spread across 27 member nation.
From the article....
Well that’s that then. Up to the government to do similar
Apart from the fact that the government have said they won't do similar because Lizzy 'n' Kwasi no likey the windfall tax (cos their mates might have to forgo a fourth house and eighth holiday each year).
www.independent.co.uk
Yeah...but Nuclear winter is only a few months away if it carries on going badly for Vlad in UkraineJust hang on for another six years......
Nuclear fusion power is just 6 years away, says China’s top weapons scientist
‘Fusion ignition is the jewel in the crown of science and technology in today’s world,’ says professor
