Starmer threatens the UK Energy Market suggesting a Publicly Owned Energy Provider

Sir Kier Starmer sent a strong message to the UK Energy Providers  with an underlying threat made at the Labour Party Conference yesterday. If Labour gets elected it will set up a new publicly owned Energy Provider that will be in direct competition  with the current UK Energy Providers. However it will be run for the benefit of the public and not as a privatised enterprise.  This was initially  my idea that I provided to the Labour Party on 19th October 2017. See my post http://havemysay.me.uk/competition-is-the-way-forward-for-the-public-ownership-of-gas-and-electricity-in-britain 

Let’s  get an Energy Company that works for Britain: instead of outside interests

So this was originally  my idea of setting up a Government owned Energy Company offering direct competition  to the current suppliers with the aim of putting  them out of business. So instead of raising public funds to re-nationalise we can actually  put them out of business instead without having to pay any compensation  to shareholders. Even though Sir Kier Starmer  didn’t  mention putting  them out of business  that is surely the ultimate aim. Clearing  the way for Britain  to at last and again be in total charge of it’s  energy provision. Let’s finally rid ourselves  of outside interests from other countries  leaching on our energy markets. Let’s  stop subsidising other countries  and standing by while they benefit from our subsidiaries. Let’s  get an energy market that works for Britain  and Britain  alone.

It could be though of as re-nationalisation  by stealth and uses Thatcher’s  own policies of market competition  to re-nationalise and take Energy  Provision back into Public Ownership. This was my idea and it has obviously  been taken on by Sir Kier and the Labour Party.

Should the Energy Providers be worried: you bet they should

So should the UK’S  Energy Providers should  be worried: you bet they should. The public image of these companies  are that they are greedy and exploitative and those that endorse them ( the Tories) are tarred with the same brush. It’s  time to sweep them aside by taking all their customers  by offering a better  deal from a government  owned Energy Provider working for the benefit of all UK  citizens and putting profits back at the disposal of the UK  Government. This is Thatcherism  in reverse at long  last so that the greedy UK  Energy Providers get put out of business using the very policies of competition that brought them into being in the first place. At long last Sir Kier Starmer  has the clear thinking to finally offer some new thinking to tackle the long entrenched, outdated and discredited policies of Thatcherism. With a little  help from me of course.

Baldrick also had a bold and cunning plan: which like Truss’s will come to nothing

As we await the bold plan of the latest installment of the Tory Prime Minister number 4 , Liz Tuss, I am reminded of another bold and cunning plan by Baldrick of Black Adder fame. It might appear that the 2 have something  in common with one another with the announcements of both that they have a bold and cunning plan. The similarities  might not just end there  though because  Baldruck’s plans  always came to nought and similarly those of Liz Truss’s may have the same auspicious ending as well. I suppose  only time will tell. However during the leadership  race I was pretty unconvinced by Truss whose wooly  thinking often exposed her. I was also not convinced that Truss had  any edge at all over Sunak and mostly to the contrary actually I thought Sunak gave the more convincing arguments. Remember  that Truss’s plans to alter income tax actually  didn’t  benefit Pensioners at all. What struck me most about Truss’s  win was that there must be a severe lack of any real talent  at all in the Conservative  Party at the moment if Truss was eventually  crowned as the preferred  candidate.

Continue reading Baldrick also had a bold and cunning plan: which like Truss’s will come to nothing

Britain, for goodness sake wake up and call for re-nationalisation, we need new thinking to tackle problems

What’s  wrong with British people? Why are British people so against re-nationalisation? In recent months we have seen how the Energy Providers are exploiting a situation to maximise their profits. We have seen that their actions have led to Inflation and Intertest Rate rises. The time has come to seek to re-nationalise the Energy Providers. How long can the British  avoid nationalisation  of the Energy Companies when it’s starring you in the face as the only solution to deal with Inflation  and the ‘ Cost of Living Crisis’. A Tory government  will not do this and without it there is not even a single glimmer of hope that a change in the leadership  of the Tories will help at all. Liz Truss is a false hope and a mere waste of time.  To invest any hope in her to do the right  thing will prove to be a costly mistake. Liz Truss can’t  be relied upon to do the right thing and nationalise the energy providers  in the UK. It’s  a blind spot for all Tories and as long as it is then right thing to do will remain undone.  So there needs to be a call for the Tories  to stand aside so that someone  can actually get the job done and do what needs to be done: and that is quite simply to take the energy  providers back into public ownership. Re-nationalise the energy  providers right now and while we are at it take the railways and the water providers back into public ownership now.

It gets more ridiculous: soon the British  consumer will be subsidising the French and keeping their energy prices rises limited  to only 4%. Yes France is currently re-nationalising their energy company EDF, which operates in the UK. So when consumers in the UK pay EDF their inflated energy prices they will be helping to keep the bills of their French counterparts at a 4% low. So are we British stupid or what?

Britain  needs New thinking and New Strategies  to deal with Inflation and this ‘Cost of Living Crisis’. Britain needs re-nationalisation

So wake up Britain. Britain needs new thinking, new ideas and new strategies  to deal with Inflation and this ‘Cost of Living Crisis’. Britain needs re-nationalisation of key industries: particularly the Energy Providers. The Tories are dedicated to protecting these profiteering  energy companies. The Tories are the obstacle that we in Britain need to remove to tackle inflation and profiteering by these energy  providers in the UK. Britain  must demand re-nationalisation of the Energy  Providers  in the UK. To do this Britain  must first push aside the Tories who are protecting  them. Tory thinking is dogmatic and stale. Socialist Economic  theory offers new thinking and new ideas to offer Britain  a fresh start and a more prosperous future for everybody.

Re-nationalise the Energy Providers is the only option to deal with Inflation: the Tories are the only obstacle

It is evident  that the only solution  to deal with Inflation  is to re-nationalise the Energy Providers in the UK: the only obstacle  to be removed is the Tories. It is now in the national interest to re- nationalise these Energy Providers to deal with Inflation and to prevent the gross profiteering by these utilities which is against the national interests. Quite simply the current situation is intolerable and is the only factor  driving inflation higher  and higher. The Tories  have lost any control and regulation  of the utilities and Ofgen is defunct  and unfit for purpose. Continue reading Re-nationalise the Energy Providers is the only option to deal with Inflation: the Tories are the only obstacle

Price Cap: My Arse

There is no EnergyPrice Cap. No meaningful intervention  and no controls and certainly  no regulating body. Price Cap: my Arse. Energy  companies  and utilities are setting any arbitrary  prices that they like without intervention from this useless Tory Government. Energy companies  and utilities  can basically  charge what they want and over inflate their greed and profiteering  at the same time. Only the threats of re- nationalisation can rein them in now.

It is widely expected that the Bank of England will raise interests rates today : why is this wrong to do so?

This post has been made in response to Kevin Peachey’s article that appeared today on the BBC’s App and website  https://www.bbc.co.uk/news/business-57764601  .It is widely  expected that the Bank of England will raise interest rates today in order to tackle Inflation. This is a very predictable text book response to Inflation and seen by many as the preferred method  to tackle  Inflation. The BBC has inferred  that this Inflation is as a result of the lack of goods in the Economy after the Pandemic. From what I remember of the Pandemic is wasn’t goods availability that was problematic it was just that there appeared to be a shift away from people actually going to get goods to a situation whereby goods were being mainly ordered and delivered. Sure enough there was some drop in production but this didn’t impact greatly on availability. There was however more of a drop in services in that sector of the Economy.  However today all I ever see down our street and on our estate is loads and loads of delivery vans constantly  shuffling about and delivering goods to people’s  homes via Amazon and DPD to name but a few. Also I myself  have ordered much since the Pandemic  ended and have enjoyed taking advantage  of one day delivery schemes. So when the BBC state lack of goods as a cause of this current period of Inflation , I simply have to  laugh. I have never recently gone onto the Internet and Amazon, in particular, where I remember being informed that the goods that I wished to order were out of stock. This has been my recent experience.  So where is this shortage of goods driving this Inflation? It simply does not exist but has become an easy  scapegoat to avoid the real finger of suspicion.

The real cause of Inflation is the greedy energy and utilities  companies hiking up profits and disguising these as pass on costs.

Continue reading It is widely expected that the Bank of England will raise interests rates today : why is this wrong to do so?

‘Levelling up’ is just a slogan and a lie to defuse the power of real Socialist Economic Principles

The idea of so called ‘ levelling up’ is just a slogan and a lie made to diffuse the power of real Socialist Economic Principles. This is how the Tories  are using it to divide tradional voting loyalties in an attempt to grab power. There is no substance to their claims that they can level up Britain. The Tories  are hinting or trying to convince voters that they are offering some form of socialism which simply isn’t true. Using the ‘levelling  up slogan and banner is an attempt to steal ground from various political parties  with a bona-fide claim to real Socialist policies. The Tories  are obviously pretty scarred of socialism and socialist policies which have become increasingly important  to the British  voters.

Continue reading ‘Levelling up’ is just a slogan and a lie to defuse the power of real Socialist Economic Principles