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> Yet MORE Utility price rises..
Blake
post Oct 12 2012, 03:11 PM
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Great, so I see British Gas are yet again jacking up their prices, just as winter is about to descend.

HOW much more can people take of huge utility price increases?

I am seriously looking at going off-grid for at least my electricity. Not only are the utilities hypocritical causers of climate change and pollution but they now sting their consumers for every last pound of flesh.

I am beginning to think there is some sort of international criminal conspiracy at work here. Nobody seems very accountable..
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Penelope
post Oct 12 2012, 03:46 PM
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QUOTE (Blake @ Oct 12 2012, 04:11 PM) *
Great, so I see British Gas are yet again jacking up their prices, just as winter is about to descend.

HOW much more can people take of huge utility price increases?

I am seriously looking at going off-grid for at least my electricity. Not only are the utilities hypocritical causers of climate change and pollution but they now sting their consumers for every last pound of flesh.

I am beginning to think there is some sort of international criminal conspiracy at work here. Nobody seems very accountable..


Greedy, robbing, amoral, thieving ********. What's the government doing? Sod all, that's what!
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Andy Capp
post Oct 12 2012, 04:18 PM
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One of the reasons they are not, is that they have them (and us) by the goolies.
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Biker1
post Oct 12 2012, 05:44 PM
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QUOTE (Penelope @ Oct 12 2012, 04:46 PM) *
Greedy, robbing, amoral, thieving ********. What's the government doing? Sod all, that's what!

Seems all the privatised, ex - nationalised services are taking us for a ride doesn't it? sad.gif
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Cognosco
post Oct 12 2012, 06:01 PM
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QUOTE (Biker1 @ Oct 12 2012, 06:44 PM) *
Seems all the privatised, ex - nationalised services are taking us for a ride doesn't it? sad.gif


It does help Dave and his mates shares portfolio look a lot healthier though! He ought to be more grateful to Cleggy for helping him into power din;t he?

He can't wait until March next year and then him and his mates can divvy up the National Health service between them just look at the amount of money they can get into then? rolleyes.gif

Still someone has to make money in this financial crisis and Dave is just ensuring he and his mates are at the front of the queue as usual. We are all in it together you know? Except Tory politicians of course! angry.gif


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gel
post Oct 12 2012, 06:44 PM
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QUOTE (Biker1 @ Oct 12 2012, 06:44 PM) *
Seems all the privatised, ex - nationalised services are taking us for a ride doesn't it? sad.gif

And annoyingly the Frog owned EDF have strict price controls in their homeland, around 2 to 3% I think, so they seek to maximise income from less controlled markets to keep French customers & investors happy.

French Government remains big shareholder I recall, as they ignore EU rulings for the Utilities to be divorced from the state.
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Hugh Saskin
post Oct 12 2012, 08:02 PM
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'No, I am fine with it and look forward to it.

Anything that can bring greater efficencies and cut costs (and thus save taxpayers money) is to be welcomed and applauded. ' laugh.gif laugh.gif laugh.gif
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x2lls
post Oct 12 2012, 08:33 PM
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QUOTE (Blake @ Oct 12 2012, 04:11 PM) *
Great, so I see British Gas are yet again jacking up their prices, just as winter is about to descend.

HOW much more can people take of huge utility price increases?

I am seriously looking at going off-grid for at least my electricity. Not only are the utilities hypocritical causers of climate change and pollution but they now sting their consumers for every last pound of flesh.

I am beginning to think there is some sort of international criminal conspiracy at work here. Nobody seems very accountable..



When you say 'off grid', how do you mean?


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Penelope
post Oct 12 2012, 08:43 PM
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QUOTE (x2lls @ Oct 12 2012, 09:33 PM) *
When you say 'off grid', how do you mean?


Gonna hook a generator up to his hamsters wheel.
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x2lls
post Oct 12 2012, 09:28 PM
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QUOTE (Penelope @ Oct 12 2012, 09:43 PM) *
Gonna hook a generator up to his hamsters wheel.



Thanks Penelope, and there's me thinking a new house made of solar panels!!



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On the edge
post Oct 12 2012, 10:20 PM
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Oh dear! British Gas CEO has blown the gaff. Profit on electricity is 4%, but HMG cream off 20% on the green double dealing etc. HMG via Regulator are twittering on about lack of future investment in generation so we'll be well short in a couple of years time. Look at the world energy market prices, go up and down regularly, but underlying trend is up.

EdF have been mentioned, but same goes for most of the others, either German or Spanish.

Might be of interest to note that UK grocery price margins run at about 5%. There harvests haven't been good this year world wide. Energy price rises are likely to be just a side show.

Third world economy here we come!



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Penelope
post Oct 13 2012, 11:03 AM
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QUOTE (x2lls @ Oct 12 2012, 10:28 PM) *
Thanks Penelope, and there's me thinking a new house made of solar panels!!


That would be just plain silly.
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Squelchy
post Oct 13 2012, 02:59 PM
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QUOTE (Penelope @ Oct 12 2012, 04:46 PM) *
Greedy, robbing, amoral, thieving ********. What's the government doing? Sod all, that's what!


Well that's not strictly true. Of the 30 million taxpayers in the country the top 300.000 (or the 1% as they are known) have received tax breaks from the Tories totaling over £42,000.00 each p.a. So they are helping some people.
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Newbelly
post Oct 13 2012, 04:03 PM
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QUOTE (Squelchy @ Oct 13 2012, 03:59 PM) *
Well that's not strictly true. Of the 30 million taxpayers in the country the top 300.000 (or the 1% as they are known) have received tax breaks from the Tories totaling over £42,000.00 each p.a. So they are helping some people.


Small point of fact to those who fall for the current line from the opposition about the top rate being cut to 45p.

Labour put up the top rate of tax to 50p in April 2010, just before an election they knew they would probably lose - they wanted to pass on a ticking bomb to the the Tories.

So what was the top rate of tax during the previous 12 years when Labour were in power? Err, 40p anyone?
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Weavers Walk
post Oct 13 2012, 06:15 PM
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Nowt wrong with putting the tax up when incomes are going up. That's normal.

But if the Tories wanted to cut taxes they could have spread it over everyone. But they didn't did they? Instead they funded the 1 percents' tax break by freezing pensioners personal allowances. (estimated cost of £80 each per year).
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Hugh Saskin
post Oct 13 2012, 06:47 PM
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QUOTE (Biker1 @ Oct 12 2012, 06:44 PM) *
Seems all the privatised, ex - nationalised services are taking us for a ride doesn't it? sad.gif

'Au contraire. I'd rather trust private firms than suffer the curse of big government' laugh.gif laugh.gif laugh.gif
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Andy Capp
post Oct 13 2012, 07:06 PM
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QUOTE (Weavers Walk @ Oct 13 2012, 07:15 PM) *
Nowt wrong with putting the tax up when incomes are going up. That's normal.

But if the Tories wanted to cut taxes they could have spread it over everyone. But they didn't did they? Instead they funded the 1 percents' tax break by freezing pensioners personal allowances. (estimated cost of £80 each per year).

This is an example of why democracy won't work.
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Andy Capp
post Oct 13 2012, 07:15 PM
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QUOTE (Hugh Saskin @ Oct 13 2012, 07:47 PM) *
'Au contraire. I'd rather trust private firms than suffer the curse of big government' laugh.gif laugh.gif laugh.gif

Yes ... private firms are the pinnacle of altruism rolleyes.gif
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On the edge
post Oct 14 2012, 10:37 AM
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QUOTE (Weavers Walk @ Oct 13 2012, 07:15 PM) *
Nowt wrong with putting the tax up when incomes are going up. That's normal.


Never quite understood that concept! In effect it gives the public sector the belief that they can spend what they like when the good times roll. Probably one of the contributory factors to the state we are in right now.


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Berkshirelad
post Oct 14 2012, 10:50 AM
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QUOTE (Weavers Walk @ Oct 13 2012, 07:15 PM) *
Nowt wrong with putting the tax up when incomes are going up. That's normal.


Is it normal? Why? What's the rationale?

Tax rates are effectively a percentage.

If you earn £100, you pay (for example) 20p in the £ tax (ie 20% which equals £20).
If you earn £200 then you would pay £40 tax.

That's not an increase in the tax rate; only in the tax take.
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