📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

UK poor will need help with energy bills

Options
lstar337
lstar337 Posts: 3,443 Forumite
Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
Poor families in the UK will need more help to pay for heating their homes as energy bills rise, government advisors have warned.
'Capitalism will find a way'
The committee added that future costs are inherently uncertain - but it believed many of the price rises it projected are avoidable if people reduce energy consumption in their own homes.
Capitalism will find a way, just not in the way they are thinking. It will find a way to maintain profits even while usage is dropping.
"If there is a demand for pushing down costs, capitalism and good regulation will find a way," said John Gummer.
:rotfl:

http://www.bbc.co.uk/news/business-30404364

Comments

  • C_Mababejive
    C_Mababejive Posts: 11,668 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I will tell you what will happen as its already happening. Everyone else will pay more for their energy so that the alleged poor can have it cheaper..simples.
    Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..
  • Nada666
    Nada666 Posts: 5,004 Forumite
    Rubbish. Poor households will struggle. Few families will struggle (other than a very few trapped with non-optional childcare costs.) But the only people who will receive any help will be those who do not need it.
  • Some of the poor families may have to prioritise and/or cut back on

    Contract phones, alcohol, drugs, cigs, sky HD, gym membership and gambling.

    As for price rises in energy you have to go back to Oct 2013 for the last and I would be surprised if we see any further rises next year. If 'somebody' had not threatened a price freeze we may have even seen the rare sight of prices coming down!!
  • lstar337
    lstar337 Posts: 3,443 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Some of the poor families may have to prioritise and/or cut back on

    Contract phones, alcohol, drugs, cigs, sky HD, gym membership and gambling.
    That's some nice generalising you've done there.
  • Some of the poor families may have to prioritise and/or cut back on

    Contract phones, alcohol, drugs, cigs, sky HD, gym membership and gambling.

    As for price rises in energy you have to go back to Oct 2013 for the last and I would be surprised if we see any further rises next year. If 'somebody' had not threatened a price freeze we may have even seen the rare sight of prices coming down!!


    You forgot large dogs with an expensive appetite ;)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.