Reply to: Top Tip - Buy plenty of jumpers for this winter

[oracleslave]

expat,

funny how none of our island colleagues have responded to this thread

I guess the truth is painful

Milan.

It's because the increase is so miniscule compared with my monthly invoice it hardly registers on my radar.

HTH

[milanbenes]

expat,

funny how none of our island colleagues have responded to this thread

I guess the truth is painful

Milan.

[DaveB]

http://news.bbc.co.uk/1/hi/business/7534421.stm



This makes me but surely justifies the increase...

Accordsing to the Centrica spokesdrone on R4 this morning they have been selling gas at a loss for most of this year and can't maintain that any longer. They are spending a fair bit oin helping poorer customers with energy saving measures and have over 300,000 customers on their hardshipe rates which won't be affected by the price hike at all.

Yes they are making a shed load of profits but they do at least seem to be trying to soften the impact of the price hike on those who can least afford it.

[expat]

the biggest part of the problem is the falling pound, and you should brace yourselves for more to come, in future, every time you see the pound falling, just remember this will make gas and oil more expensive for you later


hope that helps


Milan.

I have been saying this for months to those of my friends, and in some cases former friends, who are earning in sterling, not in Euros like me. Strange to say, they often act as if it does not help at all.

[milanbenes]

LOL

you lot don't know how good you have it in the UK !!!

Seriously, think about it, this was on the cards you naive monkees,

the pound has dropped a huge amount against other currencies during the last 12

if UK is for example buying gas from Norway or Russia then of course, the price in pounds will have risen at least 20% over the last 12 months only to compensate the fall in the pound and that is without taking into consideration rising gas prices

the biggest part of the problem is the falling pound, and you should brace yourselves for more to come, in future, every time you see the pound falling, just remember this will make gas and oil more expensive for you later


hope that helps


Milan.

[DimPrawn]

Sit in the dark and eat cold meals in 5 layers of clothing. Good practice for when you are living off your pension.

[expat]

Save on gas, instead of using the arger gas oven get the wife to buy a load of microwave meals and have chicken ding every night.

HTH

Arger? You mean it sits there and goes "Arg!"?

[FiveTimes]

Save on gas, instead of using the arger gas oven get the wife to buy a load of microwave meals and have chicken ding every night.

HTH

[DimPrawn]

Is there no regulation at all in this industry?

Yes there is. It's called IR35 and S660.

HTH

[BrianSnail]

http://news.bbc.co.uk/1/hi/business/7534421.stm

British Gas owner Centrica has seen operating profits decline 20% in the first six months of the year, following increases in wholesale gas prices.

Profits fell to £992m from £1.23bn a year earlier.

This makes me but surely justifies the increase...

[ace00]

http://news.bbc.co.uk/1/hi/business/7533389.stm

British Gas owner Centrica says it is raising gas prices by a record 35% and electricity prices by 9%.

The UK's biggest domestic energy supplier said that the price hikes would take place with immediate effect.

Record profits last year:


"The energy giant owned by Centrica, which has just unveiled record energy price rises of up to 44%, makes almost £1bn."
http://business.timesonline.co.uk/to...cle4434019.ece

Is there no regulation at all in this industry?

[DimPrawn]

http://news.bbc.co.uk/1/hi/business/7533389.stm

British Gas owner Centrica says it is raising gas prices by a record 35% and electricity prices by 9%.

The UK's biggest domestic energy supplier said that the price hikes would take place with immediate effect.



So inflation is still 2% is it?

I love this Labour Government and their careful handling of the economy.

[sasguru]

I remember when Brown used two different inflation rates simultaneously. He had a low rate that he applied to pensioners that gave them a 25p rise, and a higher rate for raising the fuel tax escalator!! Since then they have been voted back in twice so I suppose the majority are happy with this stealthy ploy.

No the majority are stupid. After all they voted in the Tories after their stealth taxes too.

[Cyberman]

You can safely bet that 3% will be the rate used to increase pensions, etc that will be announced in November.

Look on the bright side. Once it was a choice: go cold or go hungry. New Labour has eliminated that dilemma; now millions will get to do both.

I remember when Brown used two different inflation rates simultaneously. He had a low rate that he applied to pensioners that gave them a 25p rise, and a higher rate for raising the fuel tax escalator!! Since then they have been voted back in twice so I suppose the majority are happy with this stealthy ploy.

[Xenophon]

EDF provide my gas and electricity. Nasty hike. Luckily I am a few quid in credit so that'll soften the blow.