Current Affairs Cost of living…

[Baines' left foot]

Oh yeah, and the company who owns Thames Water is £18bn in debt.

That figure alone tells you all you need to know. These services are just vehicles for corruption. Nothing more.

 

[mahermi1]

I was chucking last night as I read this story. You just can’t make this stuff up any more.



An extract:

There in a nutshell is privatisation. Again why are these owners/ Companies and Directors called to account ? And are they donors to the Tory party could be the answer.

 

[Baines' left foot]

There in a nutshell is privatisation. Again why are these owners/ Companies and Directors called to account ? And are they donors to the Tory party could be the answer.

It turns out running a company which provides a basic human necessity isn’t very profitable. They never intended to provide a good service.

The cynic in me says TW allowed this situation to unfold as it’ll make them all rich when the taxpayers inevitably foot the bill.

 

[mahermi1]

Energy regulators ( lol) Ofgem, are now demanding an extra £16 on everybody's fuel bills due to unpaid debt off people's bills. Am I hearing right ? As if them bloody bills aren't enough, now they are saying we should be paying more money because these greedy scabs can't reclaim their debt fast enough.
We already pay standing charges, this is apparently for modernising their facilities. Privatisation such a great idea @peteblue, thanks for that.

 

[Nightman]

Energy regulators ( lol) Ofgem, are now demanding an extra £16 on everybody's fuel bills due to unpaid debt off people's bills. Am I hearing right ? As if them bloody bills aren't enough, now they are saying we should be paying more money because these greedy scabs can't reclaim their debt fast enough.
We already pay standing charges, this is apparently for modernising their facilities. Privatisation such a great idea @peteblue, thanks for that.

We have so much to contend with in the UK, that we as citizens just roll over and take it. This is happening because we just roll over and take it, and all with the blessing of our government, who not only do not protect us, but actively encourage this kind of behaviour.

I don't even know what % our energy has increased by over the past 2 years; in France, it's 15%. That's as far as they can push it over there or people will be on the streets protesting... as should we.

Meanwhile, we are being distracted by culture issues and gov sleaze. All by design of course.

 

[TommyDavo]

Energy regulators ( lol) Ofgem, are now demanding an extra £16 on everybody's fuel bills due to unpaid debt off people's bills. Am I hearing right ? As if them bloody bills aren't enough, now they are saying we should be paying more money because these greedy scabs can't reclaim their debt fast enough.
We already pay standing charges, this is apparently for modernising their facilities. Privatisation such a great idea @peteblue, thanks for that.

Seem to recall something similar with the then as it was known poll tax. In Liverpool an additional £78 added to the bills of the law abiding to cover those who refused to pay

 

[mahermi1]

Seem to recall something similar with the then as it was known poll tax. In Liverpool an additional £78 added to the bills of the law abiding to cover those who refused to pay

Surely that's unlawful though ? And as for Ofgem, regulators ? More like benefactors.

 

[TommyDavo]

Surely that's unlawful though ? And as for Ofgem, regulators ? More like benefactors.

No idea but I know I was threatened with bailiffs when I withheld that portion. As a young man I panicked and paid up

 

[NilSatisOptimum]

Energy regulators ( lol) Ofgem, are now demanding an extra £16 on everybody's fuel bills due to unpaid debt off people's bills. Am I hearing right ? As if them bloody bills aren't enough, now they are saying we should be paying more money because these greedy scabs can't reclaim their debt fast enough.
We already pay standing charges, this is apparently for modernising their facilities. Privatisation such a great idea @peteblue, thanks for that.

Here's an idea, perhaps the shareholders could pay it through reduced dividends?

Ofgem plans to add £16 to energy bills to help suppliers recover £3bn in bad debts

Extra payment would be levied at £1.33 a month between April next year and March 2025

www.theguardian.com

 

[mahermi1]

Here's an idea, perhaps the shareholders could pay it through reduced dividends?

Ofgem plans to add £16 to energy bills to help suppliers recover £3bn in bad debts

Extra payment would be levied at £1.33 a month between April next year and March 2025

www.theguardian.com

be really handy if any business could do that, ah we need improvements, new machinery or so. I'll tell you what I'll just add £16 to everyone's bills. These Government privatised companies lead such a charmed life don't they and such advantages. Keep rotting Thatcher..

 

[IrishBlue2022]

The benefit of a 1% cashback card over a year.

Not alot but better in your pocket that the banks. I used it quite a bit but not all the time and it's especially worth it when booking holidays.

 

[orchard]

The UK is at high risk of a serious economic downturn next year, one of the world’s biggest active bond fund managers has warned.Daniel Ivascyn, chief investment officer at Pimco, told the Financial Times that he has been running larger than usual bets on UK government bonds relative to those from the US, in anticipation that the UK will suffer greater economic strain.“In the case of the UK — a smaller, open economy, with a consumer that’s feeling the brunt of central bank policy far more than their US counterparts — you just have a higher probability of more significant economic deterioration.“We do think there’s potentially more hard landing risks.”

 

[orchard]

Oh, the irony Michael:

Three local authorities in England have been told they can increase council tax by 8% because of their "severe financial failure".

Levelling Up Secretary Michael Gove said Thurrock Council, Slough Borough Council and Woking Borough Council could make use of "additional flexibilities".

Slough and Thurrock were told they could make an 8% increase without holding a referendum, while Woking was given a 10% limit.

 

[Tramps_mate]

Oh, the irony Michael:

Three local authorities in England have been told they can increase council tax by 8% because of their "severe financial failure".

Levelling Up Secretary Michael Gove said Thurrock Council, Slough Borough Council and Woking Borough Council could make use of "additional flexibilities".

Slough and Thurrock were told they could make an 8% increase without holding a referendum, while Woking was given a 10% limit.

Council tax NEEDS to change. It must be made a percentage of current property value.

In Sefton I'm currently paying £2000 for a band C house (approx. £240k value). A guy I know is just about to buy a £650k house, band F in Lancashire and his yearly council tax is £2150. Its ridiculous.

It needs to be made a percentage, like 0.5%..

My Tax would be 1200 a year and his would be 3250 a year.. The average is the same but he earns much much more than I do.

I think that's fairer.

 

[Tramps_mate]

Council tax NEEDS to change. It must be made a percentage of current property value.

In Sefton I'm currently paying £2000 for a band C house (approx. £240k value). A guy I know is just about to buy a £650k house, band F in Lancashire and his yearly council tax is £2150. Its ridiculous.

It needs to be made a percentage, like 0.5%..

My Tax would be 1200 a year and his would be 3250 a year.. The average is the same but he earns much much more than I do.

I think that's fairer.

In fact..

Maybe base it on the last sale price. My house would be £170k which I bought it for. So tax £850 a year.

That way people that have lived in houses for decades aren't hit hard until the house is sold.

But then these developers that are re-selling housing for ridiculous prices are hit. If you can afford an £800,000 house, you can afford £4000 a year tax.

Maybe have council tax with a maximum of £5000 a year based on a £1 million house...?

It may also see house prices come down. Which no one except for the poorer in society will be happy with.