Home Tax A yr in the past I stated we would have liked basic vitality market reform. A yr in nothing has occurred and we’re all paying the value for that

A yr in the past I stated we would have liked basic vitality market reform. A yr in nothing has occurred and we’re all paying the value for that

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A yr in the past I stated we would have liked basic vitality market reform. A yr in nothing has occurred and we’re all paying the value for that

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Nearly precisely a yr in the past I wrote the next weblog saying that what the UK required was basic vitality reform, not the tinkering that Sunak promised then that assured the income of vitality corporations at final price to us all.

Now we all know that each BP and Shell have made document income, exactly as I predicted.

What we additionally know is that no politician has any actual clue about methods to deal with this.

Why is it so arduous for them to do the proper factor?


I’ve been reflecting on yesterday’s political debacles. One in every of these was the fiasco of a plan that Rishi Sunak put ahead to assist those that will endure dramatic will increase in vitality costs over the approaching months and years. My response was a Twitter thread, unusually for me really written on Twiter itself and so solely able to simple replica by screenshot.

I started with this:

The argument continued with me saying:

I’m fairly satisfied that what we’re seeing is proof of whole market failure. We will need to have reform or this disaster is not going to go away.

However is Labour keen to recommend it? And can the SNP achieve this too? It is beholden on each to rise to the problem.

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