It’s surprising how many people don’t know that small business energy prices are NOT capped. Many people also don’t know that any losses from the domestic market caused by theContinue readingWipeout: UK’s small business sector has only a few months left
Month: August 2022
Ofgem has banned energy suppliers from backbilling for energy supplied over twelve months ago
As we head towards a forecast £1 per KWh for electricity in April 2023, and will definitely be paying 52p per KWh for electricity and 15p per KWh for gasContinue readingOfgem has banned energy suppliers from backbilling for energy supplied over twelve months ago
MP’s should support the war against Putin by NOT claiming their energy bill payments on expenses
Boris Johnson the lovely man, says that UK citizens should “endure” the energy price rises to “counter Russian aggression”. That’s energy price rises of 54% in April 2022, 80% inContinue readingMP’s should support the war against Putin by NOT claiming their energy bill payments on expenses
The Cost of Living Crisis and The Energy Crisis is down to the Conservatives
The Conservatives led by David Cameron, achieved a majority in the 2015 General Election. They continued with their disasterous austerity policies which stripped £billions from local economies all over theContinue readingThe Cost of Living Crisis and The Energy Crisis is down to the Conservatives
Energy prices will NOT be frozen this Winter and interest rates will continue to rise
If the polls are correct, then Liz Truss will become Prime Minister of the UK on September 5th. Her policies are starting to become known and they’re probably going toContinue readingEnergy prices will NOT be frozen this Winter and interest rates will continue to rise
The UK Energy Market has failed
Business is business, no matter whether you’re selling pints of beer in a pub or shirts on a market, price is everything. Price your product a penny too high andContinue readingThe UK Energy Market has failed
Is Nadhim Zahawi providing stable leadership?
It looks as if the Conservative Government has decided to spin the Energy Price Cap rise as being a price worth paying to support the “war in Europe”. It isContinue readingIs Nadhim Zahawi providing stable leadership?
The solution to the energy crisis may be to link tariffs to useage (low use = low unit prices)
When I saw that a KWh of electricity will probably cost £1 from April 2023, I was very frightened, because, really, that’s game over for the UK economy. The forecastContinue readingThe solution to the energy crisis may be to link tariffs to useage (low use = low unit prices)
The energy price cap will increase to £3,549 a year from October
Ofgem have just announced that the energy price cap will rise to £3,549 in October. A further price rise in January is expected. So, from October, you can expect toContinue readingThe energy price cap will increase to £3,549 a year from October
Businesses are having to pay £10,000 deposits to get energy supplies
The energy price cap which was applied to domestic consumers was never offered to UK’s small businesses who employ around 5.5 million workers. In fact, the losses in the domesticContinue readingBusinesses are having to pay £10,000 deposits to get energy supplies