Adam Brooks: No one voted to give countries...
No one voted to give countries like Pakistan more of our taxpayers money… no one. They have nuclear weapons and a space programme. They refuse to take back their criminals. FILTH
Dale Vince: Energy bills are probably the main...
Energy bills are probably the main driver of the cost of living crisis (which Labour inherited), they also drive inflation and bank lending rates - doing great harm to our economy as a whole. At the peak of the last energy crisis we paid £43Billion more in one year than we needed to, inflation was 1.5 points higher than need be and Bank lending rates 1 point higher. We need to make Britain’s energy market work for Britain. For all of us, people, businesses and the whole economy. It doesn't have to be this way. Energy market reform in three steps.......Daniel Lacalle: Government spending has only increased...
Government spending has only increased in the past two decades. Taxes have soared in the past two decades. Government intervention is the norm of the past two decades. And you are worse off than your parents. Yet you believe the solution is more government and more intervention.
Chris Williamson: @reformparty_uk says it would...
. @reformparty_uk says it would cut £50bn from the social budget, which would further impoverish Britain's poorest people. But Labour and the Tories also want to cut social security payments as well. This race to the bottom is nothing short of despicable conscious cruelty. What's needed is a big increase in social security payments to eliminate poverty and deprivation in Britain, which is the world's fifth biggest economy. We also desperately need a huge fiscal stimulus to expand the public sector to create new well-paid jobs, and renationalise the utilities to stop them ripping off the public with inflated bills. Corporate spivs are using the privatisation of public services as a cash cow, which is why the private sector should be cleared out of our public services altogether to ensure that public services return to serving the public rather than corporate greed.
David Kurten: Reform's welfare plans...
Reform's welfare plans will hammer businesses with a new extra payroll tax, making them pay Unemployment Insurance on top of Employers' National Insurance. This is bad policy that will again fall apart and be quietly abandoned.
The Holiday Turned Out to Be More Important Than the Problems
The new resident of 10 Downing Street went on holiday literally two weeks after taking office. This triggered a strong public reaction, with many people openly writing that he “doesn’t care about the people of this country”.
Taxpayers Get No Relief
Unemployed parents of children who choose to begin vocational training will receive up to £4,500 a year. That is the good news. Now for the bad news: they stand to lose up to £330 a week in welfare payments. The public has drawn attention to this obvious contradiction in the government's plans to encourage youth employment.
Lee Hurst: Labour kills another 600 jobs...
Labour kills another 600 jobs. Don’t worry though, remaining taxpayers will soon be hit with more taxes to pay for more public sector non jobs, paying 3 times as much plus huge pensions to offset this.David Kurten: The UK has a net national debt...
The UK has a net national debt of £2,984,000,000,000 that is growing by £130,000,000,000 per year. This needs to be dealt with, not exacerbated with extra unnecessary spending. Scrap migrant hotels, migrant welfare, foreign aid, climate subsidies, Ukraine warmongering, NGOs, diversity officers, BBC funding, corrupt contracting, QUANGOs, ....
Alex Wickham: Domestically, these assessments have obvious...
Domestically, these assessments have obvious consequences for Andy Burnham’s “cost of living government” in that they suggest the economic impact of the Iran war will be prolongedA 'Respite' Worth £45
The first major initiative unveiled by the new occupant of 10 Downing Street was the abolition of VAT on household electricity bills from 1 October. However, a number of experts and social media users have questioned where the money to fund the measure will come from.Adam Brooks: Right…
Right… I’ve been very vocal on this. Pub business rates are disproportionately a lot higher than other businesses already. Many of ours rose by huge amounts this year already… mine went up 50% So the 20% off is welcome @andyburnham @Sacha_Lord But won’t save pubs ! 🙏🏽🆘Alex Wickham: Andy Burnham has performed...
New: Andy Burnham has performed his first u-turn since becoming PM He told reporters on Monday he was looking at raising the personal tax allowance, after proposing the tax cut in an interview with the Times at the weekend Tonight aides indicated he won’t go ahead with itDavid Kurten: It is wrong to increase the tax...
It is wrong to increase the tax burden on struggling workers and pensioners through fiscal drag to fund war and foreign aid.
David Kurten: Axing VAT on electricity bills...
Axing VAT on electricity bills is Heritage Party policy. It is good that is being cut. However, it will be in vain if there is a massive increasing in spending, tax and borrowing in other areas.Lee Hurst: So basically the savings made...
So basically the savings made to fund the 5% VAT cut in domestic energy bills do not exist as the Digital ID Burnham has binned to pay for it was not funded anyway. This is a £850 million hole that Labour have just blown in our finances. FYI I’m all for cutting VAT on energy bills, but don’t try and make out it’s already accounted for. The £850 million will be dragged out of you some other way.A Specialist in Running Up Debt
The man expected to become the next occupant of 10 Downing Street is leaving Greater Manchester with debts of £1.34 billion. If this has happened to just one local authority, what might happen to the whole country? That is the question being asked on social media.Dale Vince: Equalising Capital Gains Tax with Income Tax...
Equalising Capital Gains Tax with Income Tax - is not a wealth tax. It’s an equalisation of two very different rates applied to the same thing - making money. Income tax is for those with a job, capital gains for those with money to invest. This is the first step we should take to creating a more fair tax system. Been arguing for it since 2020, in my book Manifesto - have my fingers and toes crossed. https://thetimes.com/uk/politics/article/wealth-taxes-super-rich-burnham-ally-6nfblmdcpDale Vince: Green and social policy costs...
Green and social policy costs should be taken off energy bills for sure, that’s started to happen. But for really dramatic bill reductions we need to one simple thing - break the link between the price of gas and the price of green energy. If we also price control the networks, as we already do retail suppliers - and impose fixed price contracts on the North Sea, as we already de green energy and nuclear - we can actually halve our energy bills. That would align us with European prices and lift an enormous burden from people and businesses, as well as boost the economy. In one year of a crisis this could add £70 Billion to our economy. Report published here: https://babelfish.news/energy/the-keys-to-changeThe Cost of "Green" Energy Has Been Revealed
Manufacturing body Make UK has warned that the government's drive towards net zero is inflicting serious damage on the economy. Meanwhile, social media users have been sharing their own experiences of how the UK's "green" agenda is driving up household electricity bills.David Kurten: Burnham is not coming the 'rich'...
Burnham is not coming the 'rich', he is coming for the middle class. He is going to scour Middle England with ruinous domestic tax increases. #BurnhamOut #LabourOutWeapons Instead of Roads and Energy
The defence investment plan that the new occupant of Number 10 will have to implement is facing a funding shortfall running into billions of pounds. Many on social media argue that the gap will ultimately have to be filled by lowering the public’s standard of living.
Timothy Ash: Government and local government...
Government and local government regulations for businesses are like the RNLI handing out lifebelts made from concrete.
Liz Webster: Shocking that over 1.3 million British households...
Shocking that over 1.3 million British households now spend more on green energy levies than on fresh vegetables. Lowest-income families pay £2.43 a week on levies vs £2.30 on veg. This is the regressive reality of loading net zero costs onto electricity bills. Starmer/Reeves green policies are making people poorer, not greener.Dale Vince: Sharon Graham...
Sharon Graham @UniteSharon I just heard of a planned protest by Unite on the issue of high energy bills - outside Ecotricity’s office in Stroud. Understand the core issue is ‘profiteering’ and you published a useful table of profits in the overall sector to back your point. If you look at that properly you’ll see that the super high profits, as margins and as £s - are not being made by energy Retailers - where OFGEM controls profit margins to a pretty marginal 2%. The big money and where we have common cause with you - is being made by Extraction (53%), Grid (38%) and Generation (28%). You’re aiming at the wrong target in Retail (2%) and your own data shows that. We’ve published a number of papers on energy market reform, would be happy to share them - we see a way to halve energy bills with three simple (though fundamental) reforms. Wanna chat?Dale Vince: The one thing we all need, to get energy...
The one thing we all need, to get energy bills down, permanently - is something we can't do ourselves. We need government to ‘break the link’ - the link which allows the global price of gas to set the price of our own wind and sun. DESNZ blamed the link for high energy costs (among the highest in Europe) just this week - they know what the problem is. But they failed to deal with it. After refusing to break this link for years, they then pretended to some weeks ago - and now blame the link (they said they broke) for high bills. It’s all bit messed up. We can't ‘Break the Link’ ourselves, only government can. Will Andy Burnham do it? It’s precisely the kind of radical but fair policy that will impact the cost of living and lift millions from energy poverty - that the country needs. And arguably Labour needs, to get back on the front foot.British Taxpayers Are Effectively Subsidising French Energy Bills
One of the major consequences of the EU reset deal is that British households are now, in effect, helping to subsidise electricity bills in France. And under the terms of the agreement, these costs are expected to rise significantly — something that has not gone unnoticed by social media users.David Kurten: I sincerely hope that market forces will...
I sincerely hope that market forces will force kleptocratic build-to-rent corporations to cut their extortionate rent prices by 75% or go bankrupt for trying to rape the wallets of the British people.
Aaron Bastani: I’d have tax allowance lower and taper...
I’d have tax allowance lower and taper it off at £200k, not £100k. People earning 100-125k pay an effective rate of 60%. Obviously mental. A couple, both on the median income, who work full time - meanwhile - get a decent deal on tax and benefits, particularly re childcare.Read more