Originally posted by d000hg
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No, let’s show stupid and keep it on record."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank... -
By "this winter", you mean "next Spring", right? Around the same time the business portion of the original guarantee was ending...Originally posted by AtW View Post
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Covid support was also ending quickly initially, but it got renewed - same thing was due to happen here (if prices were still high which is very likely in fooked UK energy market) but now Chunt already set parameters for possible renewal, which basically imply “feck all businesses will get it”.Originally posted by jamesbrown View PostBy "this winter", you mean "next Spring", right? Around the same time the business portion of the original guarantee was ending...
And how do you expect businesses to sign on typically 1+ year fixed supply of energy?
Given that even higher taxing Labour Govt is incoming plenty of people will decide to pack their tulipComment
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Er, the business support package was a 6 month guarantee only. How do you expect this U-turn changes your question about fixed supply costs?Originally posted by AtW View Post
Incidentally, Labour were only promising 6 months of support too, which now looks rather sensible with hindsight.
99% of Disgusted from Tunbridge Wells who promise to pack their bags quietly backtrack later on
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“But as Hunt has made clear his statement today is just a downpayment on further tax rises and spending cuts due to be announced in what will effectively be a full budget on October 31.”
The TimesComment
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It’s only sensible if you don’t run a business…Originally posted by jamesbrown View PostEr, the business support package was a 6 month guarantee only. How do you expect this U-turn changes your question about fixed supply costs?
Incidentally, Labour were only promising 6 months of support too, which now looks rather sensible with hindsight.
“Stella Coulthurst has spent a decade building her pub and hotel business near the set of Downton Abbey, but soaring costs mean she is joining a growing list of pubs forced to “hibernate” to survive the winter.
The rising price of heating, power and food has caused owners to make staff redundant and close their doors in the hope that things will improve by the spring.
Coulthurst, 61, landlady of The White Hart Inn, in the Berkshire village of Hamstead Marshall, saw her electricity bill rise threefold to £17,500 for the quarter. “During summer we worked flat out but we couldn’t keep ahead of the price rises, and at the end of every month, after we paid everyone, we realised we had to pay out of our savings,” she said.”
https://www.thetimes.co.uk/article/p...eble-mkzpdg2l8
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Are you being deliberately obstinate or something? Literally nothing changed in the energy support package today for businesses (or households, for that matter, other than the 2-year promise). Hunt merely indicated that a review would take place and that, after the existing 6-month break, they would look to refactor and make it more targeted. The business portion was never guaranteed beyond April. I guess you didn't realise this and you're now trying to obfuscate...Originally posted by AtW View PostComment
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I know it wasn’t - just like Covid’s salary support initially was time limited and got extended a few times, so it was reasonable to assume same will happen now, thus allowing some businesses to continue trading over winter, hoping for the best.Originally posted by jamesbrown View Post
Not anymore because Chunt very clearly said today in Govt speak - “fook all businesses will get it after 6 months”.
Considering that corp tax goes ahead that’s 17 bln extra tax from businesses, that gives plenty of scope to actually focus more on business support - not less, but obviously not with this “fook business” Tory Scum PartyComment
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“Jeremy Hunt is keeping Kwasi Kwarteng's removal of the bankers' bonus cap, despite junking almost all of the other tax cuts in the mini-Budget, writes Ben Riley-Smith.
The Telegraph understands that the cap, which limits bonuses for certain bank staff to 100 per cent of their fixed salary or 200 per cent with shareholder approval, will still be ditched.
The policy had been criticised by opposition parties as favouring the most well off. It is understood Treasury insiders still believe the cap is not working as hoped and it is right to remove it. ”
ToryGraph
Guess the City got what they wanted plus taxes for the rest of us
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