Brexit, for once some facts.

flecc

Member
Oct 25, 2006
53,270
30,654
Energy Bills - How we will get the £400 rebate

My supplier has just given me this information for October 1st.

Energy Bills Support Scheme

All electricity customers will get £400 off their bills with the UK government's Energy Bills Support Scheme. It will be paid in instalments of £66 in October and November, and £67 each month from December to March. You don't need to apply, and you don't need to pay it back. My supplier says they will pay these into my account in the first ten days of each month.

If you pay by Direct Debit or top up with Smart Pay As You Go, you'll get this automatically.
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If you are interested in how much my electricity is rising, it's just under 20% from 1st October. The daily charge is only rising by just over 2.4%. More reasonable than I was expecting.

The rounded amounts before the 5% VAT is added:

33.63p per Unit, 40.65p per day.
.
 
Last edited:

Woosh

Trade Member
May 19, 2012
20,456
16,919
Southend on Sea
wooshbikes.co.uk
now that Truss' economics is announced, government will borrow lots and lots of money to pay more than half of our energy cost in the hope that those energy companies are going to invest in the UK, let interest rate and inflation rip by market forces. She reminds me of Norman Lamont when the UK exited the ERM, the ensuing depreciation of the Pound made a lot of investors a lot of money.
What do you think? Will she succeed where Osborne, Hammond and Sunak have failed?
 

flecc

Member
Oct 25, 2006
53,270
30,654
She reminds me of Norman Lamont when the UK exited the ERM, the ensuing depreciation of the Pound made a lot of investors a lot of money.
What do you think? Will she succeed where Osborne, Hammond and Sunak have failed?
I'm sure she will fail.

Her blind faith in the principle that low taxation and high returns will bring big investment and cause economic expansion won't work here for two reasons. We don't have the foundation to grow from and our population doesn't have the necessary ambition or culture.
.
 

Woosh

Trade Member
May 19, 2012
20,456
16,919
Southend on Sea
wooshbikes.co.uk
. We don't have the foundation to grow from and our population doesn't have the necessary ambition or culture.
I think she knows of the difficulties but did not want to broach the subject.
The problem is it's expensive to stay at the top table and the indigineous population steadily gets older and fatter. It's been a generation now that we rely on immigrants for growth.
 

PedalingGator

Finding my (electric) wheels
Mar 30, 2021
13
2
Energy Bills - How we will get the £400 rebate

My supplier has just given me this information for October 1st.

Energy Bills Support Scheme

All electricity customers will get £400 off their bills with the UK government's Energy Bills Support Scheme. It will be paid in instalments of £66 in October and November, and £67 each month from December to March. You don't need to apply, and you don't need to pay it back. My supplier says they will pay these into my account in the first ten days of each month.

If you pay by Direct Debit or top up with Smart Pay As You Go, you'll get this automatically.
-----------------------------------------------------------------
If you are interested in how much my electricity is rising, it's just under 20% from 1st October. The daily charge is only rising by just over 2.4%. More reasonable than I was expecting.

The rounded amounts before the 5% VAT is added:

33.63p per Unit, 40.65p per day.
.
Yeah, i think it's just going to be credited to your energy account
 

flecc

Member
Oct 25, 2006
53,270
30,654
The problem is it's expensive to stay at the top table and the indigineous population steadily gets older and fatter. It's been a generation now that we rely on immigrants for growth.
Which is why for years I've been saying we should abandon the "top table" aspirations, they have cost us far too much:

Polaris and Trident missile submarine fleets.

A couple of £13.5 billion aircraft carriers.

F35s at £100 millions each for the carriers and the RAF.

Large numbers of Eurofighter Typhoons, no longer appropriate designs for today's world.

The vast majority of the world's main 300 countries don't have any of these, don't desire them and don't need them either. Nor would we, once we drop our silly attachment to the USA and resume full relations with Europe, including Russia.
.
 
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oldgroaner

Esteemed Pedelecer
Nov 15, 2015
23,461
32,613
80
now that Truss' economics is announced, government will borrow lots and lots of money to pay more than half of our energy cost in the hope that those energy companies are going to invest in the UK, let interest rate and inflation rip by market forces. She reminds me of Norman Lamont when the UK exited the ERM, the ensuing depreciation of the Pound made a lot of investors a lot of money.
What do you think? Will she succeed where Osborne, Hammond and Sunak have failed?
How do I spell
NO
 
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jonathan.agnew

Esteemed Pedelecer
Dec 27, 2018
2,400
3,381
I'm sure she will fail.

Her blind faith in the principle that low taxation and high returns will bring big investment and cause economic expansion won't work here for two reasons. We don't have the foundation to grow from and our population doesn't have the necessary ambition or culture.
.
But (and its a priti Patel sized but) she is discrediting the tory brand, probably more than boris could with his parties and lies. Which is more than we can say for starmer who is - as often on these occasions - massively, visibly missing in action.
 

oyster

Esteemed Pedelecer
Nov 7, 2017
10,422
14,609
West West Wales
now that Truss' economics is announced, government will borrow lots and lots of money to pay more than half of our energy cost in the hope that those energy companies are going to invest in the UK, let interest rate and inflation rip by market forces. She reminds me of Norman Lamont when the UK exited the ERM, the ensuing depreciation of the Pound made a lot of investors a lot of money.
What do you think? Will she succeed where Osborne, Hammond and Sunak have failed?
Liz Truss claims promoting interests of bankers in City ‘key part of levelling up agenda’ – UK politics live
 
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soundwave

Esteemed Pedelecer
May 23, 2015
17,002
6,536
 

oyster

Esteemed Pedelecer
Nov 7, 2017
10,422
14,609
West West Wales
Have you all got up this morning and felt a wave of relief washing over you? Thank goodness for Truss and her dismissals rejecting the threat of Putin and his missiles.

Liz Truss dismisses Putin’s nuclear threats as sign of desperation
 

Woosh

Trade Member
May 19, 2012
20,456
16,919
Southend on Sea
wooshbikes.co.uk
contrast the way China wants to re-unify with Taiwan and Putin with Ukraine.
China will get there more quickly and pretty much bloodless.
 
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