Category: The Cost of Living Crisis

These posts and articles look at ‘The Cost of Living Crisis’ in Britain. We look at who is responsible for the Cost of Living Crisis. We look at what can be done to tackle the Cost of Living Crisis and Inflation. We look at how difficult it is for the Tories to have an adequate strategy to deal with the ‘Cost of Living Crisis’ other than raising taxes and making everybody worse off in the process. We question the Bank of England’s strategy of raising interests rates to deal with Inflation given that it will only heap misery on families already struggling withbmortgage costs. We question whether the Bank of England inflationary measures actually work and whether or not they may actually be promoting a deep recession.

Twelve Interest Rate rises sanctioned by the Bank of England all having no effect on Inflation and the Cost of Living Crisis

Yesterday’s  announcement that the Bank of England is raising Interest Rates yet again to deal with Inflation  and the Cost of Living Crisis just goes to show how clueless  and incompetent Andrew Bailey  really  is. This is the twelfth interest rate rise to deal with this problem.

The previous eleven Interest rate rises had no effect and we continue to see prices of food and household items rising. All this proves is that the strategy  of making people worse off simply is not the right way to deal with this situation. It appears  that the lack of creativity and dogmatic response from Andrew  Bailey and his Bank of England simply isn’t  the solution  to this current set of circumstances.

Continue reading Twelve Interest Rate rises sanctioned by the Bank of England all having no effect on Inflation and the Cost of Living Crisis

The Tories have no answer to the ‘Cost of Living Crisis’

The Tories  have no answer to the ‘Cost of Living Crisis’. Now as a last resort they have turned to taxation as their preferred ( and only available) method of attempting to deal with the ‘Cost of Living Crisis’. Taxation  and more taxation  is their response to dealing with the gap in public finances largely  caused by their election of an inept leader which they imposed on the Country and for which we all must now pay for her mistakes. The Tories  are now the party of high taxation because  they haven’t  anything else in their locker. For the last 12 years in Government  they have been forced to rely on borrowing to keep taxation  down. Now in the time of crisis  all their ineptitude is showing. The Tories  have no other strategy available  to them besides taxation. They have nothing that generates any substantial income for them because  they have sold it all off. This is the legacy  of Thatcherism. Sell off all your assets and by so doing the only income you will be left with is through taxation. Thatcherism has caused Britain  to become bankrupt.

Continue reading The Tories have no answer to the ‘Cost of Living Crisis’

How to tackle the ‘Cost of Living Crisis’

How to tackle the ‘Cost of Living Crisis’. Well the first obstacle is to remove the Tory Government because  they are not equipped, ethically  or ideologically, to deal effectively  with the ‘Cost of Living Crisis’. In fact many of their policies have contributed to this situation. The legacy  of Thatcherism is also a contributory factor. The current  situation  of having our Energy and other utilities  in the private sector is a major factor contributing to the high levels of Inflation that we are seeing. These Energy  Providers  have just got increasingly  greedy and any attempts  to moderate this by Tory  Government  Policies has been ineffectual.

Continue reading How to tackle the ‘Cost of Living Crisis’

Third World Britain: a Tory accomplishment all done on their watch

During 12 years of Tory management  they have finally  managed  to turn Britain  into a Third World Country.  This is Third World Britain. The Tories  have turned Britain into a third world country: an all done on their watch. The Tories have turned Britain into a Country where: people could die of hypothermia in the coming winter months, where people cannot find rental accommodation, where students cannot find affordable  rents or suitable digs, where people are unable to find homes to rent and cannot afford to mortgages to buy homes. Britain  is a country  where people can no longer get a dentist, see a doctor or get timely health care. More and more people  are relying on food banks. People have to make choices  between feeding their families and keeping pets. People are having to make tough choices about heating their homes or eating food. People are seeing their businesses going down. People are being laid off due to the uncertainty that businesses are becoming unprofitable  due to overhead costs spiralling  out of control. This is Third World Britain. Welcome to Third World Britain a spectacular Tory Party vision and accomplishment.

Continue reading Third World Britain: a Tory accomplishment all done on their watch

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

What’s  wrong with British people? Why are British people so against re-nationalisation of our utilities: our infrastructure? 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 utilities and in particular 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. And if we can’t  re-nationalise these utilities let’s  consider squeezing them out of business  by introducing  a Government sponsored version of the Gad and Electricity providers. If we cannot  re-nationalise  let’s take  public ownership through competition and hence no compensation  and a small fraction of the cost of re-nationalising.

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 of it’s utilities

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.

Reverse the privatisations of Thatcherism and sign my petitions now. Let’s make Britain a much better place.

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Railways

 Water

 

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

Competition is the way forward for the public ownership of Gas and Electricity in Britain

A sure fire way to get the utilities and railways back into public ownership and the less costly way of achieving this.

Yes I admire the ambition of the Labour Party Manifesto and it’s aim to get the Gas and Electricity utilities and railways back into public ownership. Success of this would lead to a more prosperous and fairer Britain and it would be the start of a new era for Britain. Yes it is high time to reverse the failed privatisations of Margaret Thatcher and John Major, and this would be a move which would put Britain on track again. However the scale and the cost of the task is dauntingly enormous and Thatcher knew how difficult it would be to ever go backwards. She tried to make her privatisations irreversible in an attempt to frustrate any attempts to ever develop socialism in Britain. She thought that she had had the final word but despite this there was a fundamental flaw in her plan and one which the Labour Party could exploit if it is savvy enough.

Continue reading Competition is the way forward for the public ownership of Gas and Electricity in Britain