Yet a nice healthy 5% rise for us, directly into the energy companies profit margins.
Even though this had been predicted months ago, it still doesn’t change the fact it’s yet another ‘we give you with this hand and take with the other’. That’s all we get in this country now.
‘Here’s your 2% NI decrease, paid for by the larger amount of tax you’re paying because we won’t move the threshold even though the minimum wage is going up by £1.02 an hour. Oh, and we FORGOT to mention the utility price increase (that is happening despite the wholesale price not moving). Our bad…..’
How much higher can they possibly go? This isn’t sustainable at all.
Just petrol/diesel to go back up to/near the £2 mark now
At the beginning of last year I was paying £116 a month for gas and electric, Christmas time I was paying £320 a month and now it’s down to £216 a month. I’m kinda lucky I can just about afford those changes but why are we not even close to paying those pre Ukrainian prices.
I’ve always found it amazing how gas and electricity bills are immune to the basic, universal law of supply and demand. In winter when demand goes up… price goes up. In summer when demand goes down… price goes up again.
I want the good old days back when I was paying £21 a week for gas and electricity and still ending up perpetually in credit. And by good old days I mean about 4-5 years ago.
A 6% rise in the minimum wage and a 5% rise in energy bills.
Thanks Rishi.
Ah so that reduction in national insurance goes straight to this
9 comments
Conveniently not a word of mention in yesterday’s statement from the Chancellor
Funny that energy prices have flatlined to pre-Ukraine war levels…
https://www.ice.com/products/910/UK-NBP-Natural-Gas-Futures/data?marketId=5508881&span=3
Yet a nice healthy 5% rise for us, directly into the energy companies profit margins.
Even though this had been predicted months ago, it still doesn’t change the fact it’s yet another ‘we give you with this hand and take with the other’. That’s all we get in this country now.
‘Here’s your 2% NI decrease, paid for by the larger amount of tax you’re paying because we won’t move the threshold even though the minimum wage is going up by £1.02 an hour. Oh, and we FORGOT to mention the utility price increase (that is happening despite the wholesale price not moving). Our bad…..’
How much higher can they possibly go? This isn’t sustainable at all.
Just petrol/diesel to go back up to/near the £2 mark now
At the beginning of last year I was paying £116 a month for gas and electric, Christmas time I was paying £320 a month and now it’s down to £216 a month. I’m kinda lucky I can just about afford those changes but why are we not even close to paying those pre Ukrainian prices.
I’ve always found it amazing how gas and electricity bills are immune to the basic, universal law of supply and demand. In winter when demand goes up… price goes up. In summer when demand goes down… price goes up again.
I want the good old days back when I was paying £21 a week for gas and electricity and still ending up perpetually in credit. And by good old days I mean about 4-5 years ago.
A 6% rise in the minimum wage and a 5% rise in energy bills.
Thanks Rishi.
Ah so that reduction in national insurance goes straight to this