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11 minutes ago, Craig said:

So if the energy prices are being capped, does that mean the rising prices of food, blamed on projected energy rises will also remain stagnant? 

 

No. The efffect on inflation of these measure is up for debate, but rates of 20% are still likely.

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So she wants the UK to be a net energy exporter by 2040... I missed the detail on this though, is that from fracking or nuclear or what? This is, I suppose, a golden opportunity for the Tories to trash conservation laws to push through a big business agenda at a time it might actually have some public support.

 

 

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Did she say anything about help to businesses there?  Does this £130 Billion cover them? Because if it doesn't, won't we need even more borrowing, or else half the country will go out of business? What about public buildings, schools, hospitals, swimming pools etc? 

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11 minutes ago, Rayvin said:

So she wants the UK to be a net energy exporter by 2040... I missed the detail on this though, is that from fracking or nuclear or what? This is, I suppose, a golden opportunity for the Tories to trash conservation laws to push through a big business agenda at a time it might actually have some public support.

 

 

 

Details aren't important man. 

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1 minute ago, Renton said:

Did she say anything about help to businesses there?  Does this £130 Billion cover them? Because if it doesn't, won't we need even more borrowing, or else half the country will go out of business? What about public buildings, schools, hospitals, swimming pools etc? 

 

It does, for 6 months.

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48 minutes ago, Rayvin said:

 

It does, for 6 months.

 

Which is fucking ridiculous. Zero certainty for business. How the fuck are people meant to plan their lives or make any medium term decisions? 

 

Oh and she also announced that the Business Secretary will be performing a review over the coming months for which businesses need longer term support. So that'll be reassuring that it's Rees Mogg that business can rely on for what happens 6 months from now.

 

This is why we don't need to worry about this lot at the next election. 

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5 minutes ago, Gemmill said:

This is why we don't need to worry about this lot at the next election. 

 

Yeah the next election is going to be an even more sure thing than the one in 1997 was.

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13 minutes ago, Gemmill said:

 

Which is fucking ridiculous. Zero certainty for business. How the fuck are people meant to plan their lives or make any medium term decisions? 

 

Oh and she also announced that the Business Secretary will be performing a review over the coming months for which businesses need longer term support. So that'll be reassuring that it's Rees Mogg that business can rely on for what happens 6 months from now.

 

This is why we don't need to worry about this lot at the next election. 

 

Banks, monocle manufacturers, chimney sweeps, security firms engaged at the workhouses. Off the top of my head. 

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It may be idealogy stopping her from introducing a windfall tax, but the optics are awful. Even Sunak introduced one, there are no reasonable arguments against it. Of course it wouldn't raise enough money, but I wonder if there is some other reason she is not doing it? Keeping donors onside, personal investments? 

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3 minutes ago, NJS said:

Unlike a one-off windfall followed by n more years of 170bn eh Rachel? 

 

Out of interest, what would you do? I'd like to see domestic generated energy and oil/gas kept off the international markets and used here. But nobody credible is suggesting that so I guess there must be quite significant barriers to doing this? 

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8 minutes ago, Renton said:

 

Out of interest, what would you do? I'd like to see domestic generated energy and oil/gas kept off the international markets and used here. But nobody credible is suggesting that so I guess there must be quite significant barriers to doing this? 

 

On 02/09/2022 at 09:30, ewerk said:

Now that we're out of the EU what is stopping us from capping the price paid for gas from UK sources and restricting how much of that gas can be sold to other countries? 50% of the gas used in the UK comes from domestic production yet apparently the price paid for it is tied to the global market.

 

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17 minutes ago, ewerk said:

 

 

One of the interventions from Starmer's own side was spot on:

"It's clear that (the Tory) side of the house are on the side of the energy producers; This (opposition) side of the house are on the side of the consumer/working people. Who are the electorate going to trust?"

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14 minutes ago, Renton said:

It may be idealogy stopping her from introducing a windfall tax, but the optics are awful. Even Sunak introduced one, there are no reasonable arguments against it. Of course it wouldn't raise enough money, but I wonder if there is some other reason she is not doing it? Keeping donors onside, personal investments? 

 

Did you see the intervention from the Tory benches where they tried to remind Starmer that the Tories had already introduced a windfall tax inferring that it was unreasonable to ask for a further one. 

Fucking unbelievable man!

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