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October Price Cap

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Comments

  • MWT
    MWT Posts: 10,283 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    There was talk recently of the capping period being reduced from six months to three to give more flexibility. Has anyone heard more of this proposal?
    It will not happen this side of October.

  • savers_united
    savers_united Posts: 526 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 15 March 2022 at 10:01PM
    jimexbox said:
    Our government is there to help protect UK citizens in times of crisis. It needs to step up to the plate. A lot of folk will be struggling in April. October could be catastrophic. 
    Its not always for Gov't to step in and help, it's a free market and these prices are driven by global supply shortages. 

    Of course there are certain households and individuals that will need additional support, but for many of us if we really want to offset the costs then it just means giving up a night out every month, a few less take aways, maybe one less holiday this year, why should we all face higher taxes to fund those who could afford the higher prices if they just get a grip on their finances and live within their means.

    Women on the news yesterday moaning about higher fuel prices while sitting in a large range rover. 
  • jimexbox
    jimexbox Posts: 12,481 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Its not always for Gov't to step in and help, it's a free market and these prices are driven by global supply shortages. 

    Of course there are certain households and individuals that will need additional support, but for many of us if we really want to offset the costs then it just means giving up a night out every month, a few less take aways, maybe one less holiday this year, why should we all face higher taxes to fund those who could afford the higher prices if they just get a grip on their finances and live within their means.

    Women on the news yesterday moaning about higher fuel prices while sitting in a large range rover. 
    There are millions of low paid on minimum wage, the elderly and those who genuinely can't work. Who don't drive range rovers, have any holidays or takeaways. Who will be desperately worried about heating their homes next winter.

    It's the responsibility of government to ensure these people do not suffer. I'm fortunate that I can afford it. Let's think about those who genuinely can't. 

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    jimexbox said:
    Our government is there to help protect UK citizens in times of crisis. It needs to step up to the plate. A lot of folk will be struggling in April. October could be catastrophic. 
    Perhaps we all need to do something  for ourselves. However small. Rather that expect to be nannied. 
  • jimexbox
    jimexbox Posts: 12,481 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 16 March 2022 at 7:56AM
    jimexbox said:
    Our government is there to help protect UK citizens in times of crisis. It needs to step up to the plate. A lot of folk will be struggling in April. October could be catastrophic. 
    Perhaps we all need to do something  for ourselves. However small. Rather that expect to be nannied. 

    Please read my post above yours.

    Why not explain rather than make such a glib comment? Do something for ourselves, rather than be nannied? You do realise that our government isn't some separate entity. It exists to serve us, we pay for it. Its primary function is to protect its citizens. If some of those citizens require help at certain times, that's its role.

    I'm lucky enough that the energy crisis is largely irrelevant to me. I'm not blinkered enough to know that this isn't the case for millions of our fellow citizens.
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