The I cant believe it’s not politics thread.

[Innovindil]

1 hour ago, Fazzer 7 said:

Well yes that’s a given 🙄 The oil and gas companies pay corporation tax at 40% twice that of small companies. They’re taxed on profits already and there is an existing windfall tax in place. We need to be self sufficient in gas production not taxed to extinction. 

The energy market consultancy Cornwall Insight calculates more than £40bn of the estimated £100bn of the proposed energy price cap could be swallowed up in excess profits.

 

Senior officials have had a series of meetings with firms to discuss how contracts might be changed to prevent this from happening.

 

The energy companies concerned, mostly renewable and nuclear businesses, have agreed at least in principle to accept new long-term contracts at fixed prices well below current rates.

 

Why? They say it's because they recognise their vast profits aren't justified during a national crisis. But they will also be aware that spending billions of pounds of taxpayers' money on private profits isn't politically sustainable forever.

 

--------------

 

When defending a position that even the energy execs are struggling to defend it's probably time to have a rethink. 

[urban.spaceman]

 

 

The Tories were on 41%.

[urban.spaceman]

3 hours ago, Fazzer 7 said:

Well yes that’s a given 🙄 The oil and gas companies pay corporation tax at 40% twice that of small companies. They’re taxed on profits already and there is an existing windfall tax in place. We need to be self sufficient in gas production not taxed to extinction. 

When they're making estimated (unexpected) profits of £170bn while consumers are seeing their bills go up by to record levels, businesses are being quoted 500%+ rises, having to lose staff or close entirely, then those profits are inappropriate and need to be taxed. But even then I don't trust this government to spend it wisely given their reprehensible waste during the pandemic and their knack of appointing charlatans to important roles. So I'm happy to let Truss fail so that when Labour get it in can be spent appropriately.

[Facecloth]

So Truss is planning to help reduce energy bills by removing the Green Energy Levy.

 

Can't be a good thing surely @leicsmac?

[urban.spaceman]

[Zear0]

 

 

[urban.spaceman]

The corruption and skullduggery continues then.

 

 

 

 

 

[leicsmac]

39 minutes ago, Facecloth said:

So Truss is planning to help reduce energy bills by removing the Green Energy Levy.

 

Can't be a good thing surely @leicsmac?

Nope. Yet another gesture, like fracking, designed to appease the present by screwing over the future, entirely unnecessarily.

[Fox in the North]

Is this connected?

[foxile5]

I would say the two are likely connected, yes. 

[Greg2607]

I've just been watching the debate and the whole place just emptied out.   I think we might be witnessing the falling of London Bridge i'm afraid. 

 

for the leaders and front benches of the parties to empty out, in the middle of a debate of this magnitude, means something serious is happening. 

[weller54]

96!!..

Really good innings and a Brucie bonus to live to that age.

Certainly though, she's been an amazing Monarch.

[Facecloth]

 

[Jon the Hat]

Ah shit.  I feel rather bereft.

[Innovindil]

3 minutes ago, Greg2607 said:

I've just been watching the debate and the whole place just emptied out.   I think we might be witnessing the falling of London Bridge i'm afraid. 

 

for the leaders and front benches of the parties to empty out, in the middle of a debate of this magnitude, means something serious is happening. 

It happens every time. As soon as the leaders are done talking and the Scottish bloke starts there's an exodus. 

[Greg2607]

Just now, Innovindil said:

It happens every time. As soon as the leaders are done talking and the Scottish bloke starts there's an exodus. 

for PMQ's perhaps... but not a policy debate around the Energy Support....  the message got around the house and Starmer and Truss left immediately. 

[Ginger_Filbert]

GSTQ 🇬🇧 

[FoxesWalk]

2 minutes ago, Innovindil said:

It happens every time. As soon as the leaders are done talking and the Scottish bloke starts there's an exodus. 

Afraid it’s not just that, something more serious is happening. 

[Foxdiamond]

1 minute ago, FoxesWalk said:

Afraid it’s not just that, something more serious is happening. 

No matter what our politics and views on Royals it is fact that for anyone less than their mid/late 70s none of us remember anyone but the Queen as the constant in the background of our lives

[foxile5]

With the immediate family being summoned I fear for the worst, here. 

[urban.spaceman]

 

 

[StanSP]

23 minutes ago, foxile5 said:

With the immediate family being summoned I fear for the worst, here. 

Were they summoned before, when she was ill, either earlier this year or last year? 

[Facecloth]

1 hour ago, StanSP said:

Were they summoned before, when she was ill, either earlier this year or last year? 

Can't remember it being announced they were all on their way to see her.

[urban.spaceman]

https://twitter.com/Jacob_Rees_Mogg/status/1567891494824038402?s=20&t=yLJjh6NhFjSrUC5ujhiKtA

 

[Fightforever]

8 hours ago, urban.spaceman said:

Evil company if you have seen what they have done to Nigeria.