Gas & Electricity

Panaroma on catch up explains very clearly and in detail the scam we are being subjected to mate.

OFGEM is not fit for purpose. Any announcement this week to help us all with bills, although welcome, will be useless unless a total reform of the sector is also announced.
did it touch on the above and is it accurate?
 
Cancel HS2 and give the £100billion saved to every household £4k. There's one for starters. Which would you rather have no electric bills for a year or a 20 minute faster train to London? There's loads of things that can be done they just need to sort it out
But you said yourself that this could go on for a lot longer than a year so what do we do if we've cancelled HS2 and the £100 billion has been dished out, only to find ourselves in the same position 12 months later?

Besides, cancelling HS2 at this stage isn't a realistic option. Billions and billions have already been spent on it, plenty of work has already been done, contracts signed, etc, so cancelling it now will cost billions more which no doubt would then be passed onto the taxpayer. Oh, and thousands of jobs will be lost. It's also short-sighted to say that the only benefit of HS2 is that we can get to London half an hour quicker. This country has been crying out for a decent high speed rail link between London and the major UK cities for decades, and many European countries shit all over us in that regard. HS2 - once it is up and running - will be capable of providing up to 18 trains an hour to and from London which is a huge increase on what we have today. It will also more than pay for itself over time so the idea that it is £100 billion spunked into thin air simply isn't true. We're forever berating the short-sightedness of the government (be it this one or previous ones) but then when they do actually come up with a long-term project like this - and one that is backed by all 3 main political parties - people still aren't happy.
 
But you said yourself that this could go on for a lot longer than a year so what do we do if we've cancelled HS2 and the £100 billion has been dished out, only to find ourselves in the same position 12 months later?

Besides, cancelling HS2 at this stage isn't a realistic option. Billions and billions have already been spent on it, plenty of work has already been done, contracts signed, etc, so cancelling it now will cost billions more which no doubt would then be passed onto the taxpayer. Oh, and thousands of jobs will be lost. It's also short-sighted to say that the only benefit of HS2 is that we can get to London half an hour quicker. This country has been crying out for a decent high speed rail link between London and the major UK cities for decades, and many European countries shit all over us in that regard. HS2 - once it is up and running - will be capable of providing up to 18 trains an hour to and from London which is a huge increase on what we have today. It will also more than pay for itself over time so the idea that it is £100 billion spunked into thin air simply isn't true. We're forever berating the short-sightedness of the government (be it this one or previous ones) but then when they do actually come up with a long-term project like this - and one that is backed by all 3 main political parties - people still aren't happy.
it was just 1 example of things to do from 1000 options, I'm not the prime minister
 
But you said yourself that this could go on for a lot longer than a year so what do we do if we've cancelled HS2 and the £100 billion has been dished out, only to find ourselves in the same position 12 months later?

Besides, cancelling HS2 at this stage isn't a realistic option. Billions and billions have already been spent on it, plenty of work has already been done, contracts signed, etc, so cancelling it now will cost billions more which no doubt would then be passed onto the taxpayer. Oh, and thousands of jobs will be lost. It's also short-sighted to say that the only benefit of HS2 is that we can get to London half an hour quicker. This country has been crying out for a decent high speed rail link between London and the major UK cities for decades, and many European countries shit all over us in that regard. HS2 - once it is up and running - will be capable of providing up to 18 trains an hour to and from London which is a huge increase on what we have today. It will also more than pay for itself over time so the idea that it is £100 billion spunked into thin air simply isn't true. We're forever berating the short-sightedness of the government (be it this one or previous ones) but then when they do actually come up with a long-term project like this - and one that is backed by all 3 main political parties - people still aren't happy.
I don't want to derail the chat but HS2 is false promise. It's only linking Birmingham to London fast but guess what it already has a fast link already. The last time I looked trains to London were getting slashed anyway. How will it pay for itself? the person wanting to go to London will go to London regardless of it taking 10 minutes longer or not. Ther only way it would pay for itself is if the ticket prices for HS2 train were double the price of the existing trains. That's the only way it will pay for itself and I hazard a guess that is what they'll attempt to do.

The example I've used demonstrates there's 100 billions of pounds available to the treasury whenever they want to do a vanity project. Don't let them con you into thinking money doesn't exist. They could easily afford solar panels and batteries for every household they just don't want to spend it on you and rather get rich by making their businesses they hold shares in richer.
 
it was just 1 example of things to do from 1000 options, I'm not the prime minister
Fair enough. However they go about it though, the cost always ends up getting put back on us anyway. It happened when the banks got bailed out and it'll happen with this. What I will add is that while I'm receptive to picking up some of the hit over time in order to see us all get through this period (because the alternative really doesn't bear thinking about), I also think the energy companies need to take a hit too. If the government are going to come up with the cash to subsidise our bills and pay that shortfall to the energy companies, they shouldn't be giving them the full amount of that shortfall if it means they still end up posting multi-billion pound profits. That would be wrong as it would mean they (the energy companies) are not taking any hit whatsoever.
 
I don't want to derail the chat but HS2 is false promise. It's only linking Birmingham to London fast but guess what it already has a fast link already. The last time I looked trains to London were getting slashed anyway. How will it pay for itself? the person wanting to go to London will go to London regardless of it taking 10 minutes longer or not. Ther only way it would pay for itself is if the ticket prices for HS2 train were double the price of the existing trains. That's the only way it will pay for itself and I hazard a guess that is what they'll attempt to do.

The example I've used demonstrates there's 100 billions of pounds available to the treasury whenever they want to do a vanity project. Don't let them con you into thinking money doesn't exist. They could easily afford solar panels and batteries for every household they just don't want to spend it on you and rather get rich by making their businesses they hold shares in richer.
Nah, there's more - much more - to HS2 than Birmingham mate:

 

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