How are they to enforce it?
Same question goes to international courts frequently. Can rule all you like, it's all meaningless if you can't enforce it and those subject to your rulings don't care enough to listen.
Mjb
joined 2 years ago
The petition system exists to make the people think they have a voice. Much like parish councils etc. Keep the busybodies busy with nothing so they don't stick their nose in something.
Why would you subject yourself to Gnome voluntarily????
I use Arch btw
Rates are not going back to sub-2% for a long time
I disagree quite strongly.
Economies limping along at ~1% GDP growth per year and little or no GDP per capita growth can't handle larger base rates for long. It's a self-correcting cycle - if base rates remain elevated for too long discretionary spending will collapse and many, many businesses/loans/credit with it.
Rishi promised to half inflation not because he's a financial genius with a secret trick, but because he knows two things: 1) what I said above, 2) inflation is often given as a YoY measure, so by December 2023 we're measuring inflation above the 10% inflation of December last year, and the country can't afford 10% inflation per year for long either.
Dear god, he can’t possibly be actually that dense
Nah he's not. They're not allowed to do anything but toe the party line if they want election support/funding, ministerial roles, post-MP consulting jobs etc, so they say stupid things a lot and pretend they mean it.
It is proposing a new licence condition to “ensure electricity generators don’t take advantage of existing rules to make excessive profits”
Why? If you want an energy market you shouldn't be surprised when it does what it can to grow profits, including withholding supply to sell later at higher prices.
This is typical of the past 10-15 years. Plasters on gaping wounds. Energy providers should be competing to sell us their energy generation capabilities. Competition drives down prices in the long run, not intervention. Of course, the lack of an energy strategy or any investment into one for a decade does leave us a bit... well, fucked.
but ones that also have a special duty to take a long-term view.”
Nice of them to admit they don't currently care about anything but the short term. Changing the name won't change their outlook, get these utility monopolies back into government control.
I also try to dissuade people from thinking their two options are two sides of the same coin by... checks notes... doing the same as the other side.
I get this a lot. Hot posts 4 days old with no new comments. Something isn't quite right yet.
WHERE HAS TOM GONE
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The Christian nationalists would absolutely crucify them, it's career suicide and they know it.