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
Tag: #rishisunak
The Bank Rate will rise to 1.75% on August 4th
With inflation now out of control, I think the Bank of England will raise interest rates to 1.75% when they meet for review on 4th August. It is inevitable simplyContinue readingThe Bank Rate will rise to 1.75% on August 4th
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
Rishi Sunak has done nothing to help small businesses with their energy bills
Naseem Shah, Labour MP for Bradford West, recently asked Rishi Sunak, the (now former) Chancellor of the Exchequer, what he was doing to help her consituent whose business energy billContinue readingRishi Sunak has done nothing to help small businesses with their energy bills
Thousands of old folk are going to die of hypothermia this winter in UK
Now, some people like to say there is a choice between “eat” or “heat”. That’s nonsense. That is simply a soundbite made up for dim witted politicians to parrot toContinue readingThousands of old folk are going to die of hypothermia this winter in UK
I think Rishi Sunak has bankrupted the UK economy
Having seen that the interest payment on UK debt was £19 BILLION in June 2022, up from £9.1 BILLION in June 2021, I was curious to see why this hadContinue readingI think Rishi Sunak has bankrupted the UK economy
UK debt INTEREST payments may total £104bn in 2022/23, £21bn more than the OBR anticipated
The UK is awash with debt, due to quantitive easing by the Bank of England in response to the pandemic. Today, figures have been released to show that, in JuneContinue readingUK debt INTEREST payments may total £104bn in 2022/23, £21bn more than the OBR anticipated
4,000 Conservative Party Members want Boris Johnson on the ballot with Liz Truss and Rishi Sunak
Considering the polling of Conservative Party Members by YouGov consists of just 800 people, the petition signed by over 4,000 members of the Conservative Party demanding that Boris Johnson competeContinue reading4,000 Conservative Party Members want Boris Johnson on the ballot with Liz Truss and Rishi Sunak