Screwed Over Utilities

[saptastic]

You know you are with an energy supplier for electric and/or gas?

Well now Ofgem has locked you in with them unless you move house.

Martin Lewis is now ranting on the radio.

Is this true? I cant find anything. The whole point was to encourage moving.

[SueEllen]

Is this true? I cant find anything. The whole point was to encourage moving.

So you think Martin Lewis is a liar? He was in the meeting.

https://news.sky.com/story/cost-of-l...-plan-12614328

[d000hg]

So you think Martin Lewis is a liar?

Because it your world those are the only two options, he's 100% correct or he's a liar. Such a sensationalist.

[WTFH]

Because it your world those are the only two options, he's 100% correct or he's a liar. Such a sensationalist.

I'm 100% with you on that.

It's all spin.

...but I would expect his spin to be closer to the truth than some of the other spin that would come out.

[NotAllThere]

Screwed Over Utilities

Every time I see this post I think it must be about shagging over a washing machine.

Anyway. Back OT. I have biogas, which is cheaper than "natural" gas (isn't biogas natural), but the price is 1:1 with natural gas. Most irritating.

[vetran]

Every time I see this post I think it must be about shagging over a washing machine.

Not just me then!

Sue Ellen, in the utility room with a bendix?

I don't want to hear about your biogas, at least be polite enough to leave the room before you break wind!

[d000hg]

A windfall tax seems a bit dodgy really. Could a tax theoretically be put on each barrel sold? I know taxing turnover is very unpopular for quite good reasons normally.

[WTFH]

A windfall tax seems a bit dodgy really. Could a tax theoretically be put on each barrel sold? I know taxing turnover is very unpopular for quite good reasons normally.

Simple solution would be to tax dividends harder.

...except that's not a great outcome for small Ltd being run by contractors, but it completely removes the need to tax a business or consumer - knowing that any tax increase will be passed on to the consumer anyway.

The problem is that we are all Maggie's children, the idea of privatise everything and have the people buy shares, so those with lots of shares will have less free money coming to them, which will have the Wailers wailing.

[Lance]

Simple solution would be to tax dividends harder.

but but but... my pension....

[d000hg]

Simple solution would be to tax dividends harder.

...except that's not a great outcome for small Ltd being run by contractors, but it completely removes the need to tax a business or consumer - knowing that any tax increase will be passed on to the consumer anyway.

The problem is that we are all Maggie's children, the idea of privatise everything and have the people buy shares, so those with lots of shares will have less free money coming to them, which will have the Wailers wailing.

You'd think it wouldn't be too horrendously difficult to segregate dividends from shares held in public companies, from private, or some such thing. It's not just contractors but small businesses generally and the concept of profits issues to shareholders being treated differently seems reasonable on the face of it.
And even then, companies don't always distribute big dividends, the value is held in the share price.