The Bank of England, today, raised interest rates to 1.75%. The rise of 0.5% (50 basis points) is the biggest rise in twenty seven years. The vote was eight toContinue readingThe Bank of England has raised interest rates to 1.75%
Tag: #costofliving
Energy: Why I cancelled my direct debit
I always shopped around for the lowest price energy deals. I used OVO for a while, but ended up with Symbio who were offering a KWh for 10p. This wasContinue readingEnergy: Why I cancelled my direct debit
Sunak’s promises to lower income tax are “magical thinking”
Rishi Sunak is a strange guy. Does he even know what he stands for anymore? He is absolutely desperate to get into No. 10, because he will then be ableContinue readingSunak’s promises to lower income tax are “magical thinking”
U-Turn Starmer
I think someone must have had a quiet word with Keir Starmer to remind him of the fact that many Unions support the Labour Party by donating £millions. Starmer recentlyContinue readingU-Turn Starmer
UK Energy Policy: We need nationalised energy supply, or solar panels on every rooftop in UK
From October, the cheapest electricity available in the UK will be 50p per KWh, a price dictated by Ofgem’s energy price cap. This is simply unaffordable for many millions ofContinue readingUK Energy Policy: We need nationalised energy supply, or solar panels on every rooftop in UK
Centrica and Shell make big profits, but, windfall taxes aren’t going to help
The news that Centrica, the parent company of British Gas, made £1.3 billion profits in the last six months, more than the £262 million it made in the same sixContinue readingCentrica and Shell make big profits, but, windfall taxes aren’t going to help
Is Keir Starmer on the wrong side of the argument as he drops Nationalisation plans?
Sir Keir Starmer pledged to support “common ownership” when he became Leader of The Labour Party on 4th April 2020. Fifth on his list of ten pledges read… “Public servicesContinue readingIs Keir Starmer on the wrong side of the argument as he drops Nationalisation plans?
Can you afford over £500 a month to pay your energy bills?
Energy bills are due to skyrocket in October when the UK’s energy price cap is increased to at least £3,244, leaving a KW of energy costing British consumers, at, orContinue readingCan you afford over £500 a month to pay your energy bills?
OFGEM has proved incompetent as the regulatory authority of the UK’s retail energy market
Ofgem is incompetent, so says the Business, Energy and Industrial Strategy Committee in their latest report “Energy pricing and the future of the energy market”. Ofgem allowed suppliers to enterContinue readingOFGEM has proved incompetent as the regulatory authority of the UK’s retail energy market
If Sunak gets elected PM interest rates won’t rise
I’m seeing a lot of folk on Twitter referring to an article in The Times which states that the tax cuts proposed by Liz Truss will lead to a UKContinue readingIf Sunak gets elected PM interest rates won’t rise