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Keir Starmer's time is up

This isnt a bad suggestion, infact it's a scandal it's allowed to happen for so long, but on its own it does basically nothing, other than bring people with prepay meters in line with unaffordable costs faced by those without meters

Worse still, Labour have announced that they will reimburse energy companies for the difference (i.e. with public money). That's money that could have gone to schools, hospitals and social care. Just absymal.
 
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Why am I Mister Yellow?
 
This is good stuff from Labour - preventing price rises and hitting the corporate profits that are the main driver of inflation.

The Times front page suggests that even 75% of tory voters support the Labour plan to windfall tax the energy companies to freeze energy bills. Truss's team will (or should) recognize that their 'tax cuts for the rich to 'solve inflation' fantasy is now dead. Effective in appealing to their members, but useless in the real world.

If Starmer's advisors are not totally cloth eared they will also learn two things a) that their caution and slowness is and will be portrayed as indecision and a lack of a plan and b) that now going further - for example by announcing that the energy companies, water companies and other key utilities will be bought back into public ownership by Labour - would be equally popular.

Leaving ideology etc out of it, not to now call for it would be shit political judgement on any measure. I fully expect Labour not to learn the lessons, but a clear plan based on public ownership, planning and a serious short and long term plan to grip energy supply and costs would put Labour in the box seat and an incoming Truss administration in a place where corporation tat cuts etc will build a mounting fury against it from day one.

 
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Leaving ideology etc out of it, not to now call for it would be shit political judgement on any measure. I fully expect Labour not to learn the lessons, but a clear plan based on public ownership, planning and a serious short and long term plan to grip energy supply and costs would put Labour in the box seat and an incoming Truss administration in a place where corporation tat cuts etc will build a mounting fury against it from day one.

There's a really basic numbers game here isn't there. On the one side you've got people with significant investments in energy companies, people rich enough not to care, and the relatively small number of genuine free market true believer types (who probably mostly fit into the first two categories anyway). On the other side you've got everybody else, including the overwhelming majority of the swing voters they care about so much. Should be an ideal opportunity for such sharp political operators as they are to gain a win...
 
I don’t think even those with significant investments in energy companies should get too bothered. Energy companies make their profits across the globe. By contrast, the UK government can only legally tax profits made in the UK, which will be a very small percentage of this. The energy companies will be just fine.
 
That, too, is giving money to the shareholders, subsidising huge profits.

Except the backdated and extended windfall tax will reduce profits and therefore shareholder dividend. But, of course, your wider point is correct. The TUC estimate that it would cost less than £3 Bn to buy the energy companies. it is the logical next step, it is politically popular and: in both the short and long term is the only sensible way to control energy supply, prices and solve the more strategic problems like storage etc.
 
Except the backdated and extended windfall tax will reduce profits and therefore shareholder dividend. But, of course, your wider point is correct. The TUC estimate that it would cost less than £3 Bn to buy the energy companies. it is the logical next step, it is politically popular and: in both the short and long term is the only sensible way to control energy supply, prices and solve the more strategic problems like storage etc.
and that's precisely why the government won't do it
 
The TUC estimate that it would cost less than £3 Bn to buy the energy companies.
That's got to just be the distribution companies, the Bulbs and OVO's of this world (which are mostly accounts and marketing depts) the actual infrastructure and generating capability has got to be one hell of a lot more than that.
 
I don’t think even those with significant investments in energy companies should get too bothered. Energy companies make their profits across the globe. By contrast, the UK government can only legally tax profits made in the UK, which will be a very small percentage of this. The energy companies will be just fine.

Lots of the money made in the UK will disappear offshore as well.
 
That's got to just be the distribution companies, the Bulbs and OVO's of this world (which are mostly accounts and marketing depts) the actual infrastructure and generating capability has got to be one hell of a lot more than that.

Yes it is. The nationalised energy company would still need to buy the gas. . We used to own most of BP and Shell but that was sold (of course).
 

Why am I Mister Yellow?

What is this, a pilot for a new reality TV show on Channel 5 about aircraft baggage handlers?

Can "Sir" Keith find a judicious compromise with the team and the notorious no. 4 carousel at London Luton Airport? Thousands of impatient travellers rely on his Judgement of Solomon. And will his target-oriented leadership of cost-effective baggage solutions come under threat from the ambitious visions of junior suitacse-slinger, Lisa Nandy? Tune in to see if this bullshit makes it past the piliot episode.
 
Starmer saying I will freeze prices at the current level if I were in charge is a bit pointless tbh on account of him not being in charge and no chance of him being in charge for a couple of years at least by which time things will have moved on one way another. Be it prices have fallen again or a quarter of the population have died of the cold.
He can't do anything now so something bold like "We Will Nationalise Energy Distribution if We Win in 2 Years" is probably going to get him more support than "We Would Do Things Differently If We Were In Now But We're Not"
 
Starmer saying I will freeze prices at the current level if I were in charge is a bit pointless tbh on account of him not being in charge and no chance of him being in charge for a couple of years at least by which time things will have moved on one way another. Be it prices have fallen again or a quarter of the population have died of the cold.
He can't do anything now so something bold like "We Will Nationalise Energy Distribution if We Win in 2 Years" is probably going to get him more support than "We Would Do Things Differently If We Were In Now But We're Not"
Almost like that is the point of it.
 
This is good stuff from Labour - preventing price rises and hitting the corporate profits that are the main driver of inflation.

The Times front page suggests that even 75% of tory voters support the Labour plan to windfall tax the energy companies to freeze energy bills. Truss's team will (or should) recognize that their 'tax cuts for the rich to 'solve inflation' fantasy is now dead. Effective in appealing to their members, but useless in the real world.

If Starmer's advisors are not totally cloth eared they will also learn two things a) that their caution and slowness is and will be portrayed as indecision and a lack of a plan and b) that now going further - for example by announcing that the energy companies, water companies and other key utilities will be bought back into public ownership by Labour - would be equally popular.

Leaving ideology etc out of it, not to now call for it would be shit political judgement on any measure. I fully expect Labour not to learn the lessons, but a clear plan based on public ownership, planning and a serious short and long term plan to grip energy supply and costs would put Labour in the box seat and an incoming Truss administration in a place where corporation tat cuts etc will build a mounting fury against it from day one.


As I was saying. Even Tories support nationalisation and Labour’s plan.

 
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