Brother52

Basil the Great Verified account @BasilTheGreat · 1d

@DailyMail WTF
dailymail.com/news/article-1…

View quoted post on X

MaxC | Flight Risk Capital Verified account @ColeFusionHQ · 1d

The government's new energy bill paper says 9 times that support costs should fall on those "most able to pay" or on higher incomes.

In its own words, a "transfer from primarily high-income households to low-income households". Which makes your energy bills a second tax system.

View quoted post on X

Enough’s Enough Verified account @Enoughsenough00 · 2d

🚨Labour’s Bill Would Let Energy Firms Dig Into Your Tax Records and House Value So They Can Charge You Extra to Subsidise Others

Energy Secretary Miatta Fahnbulleh introduced the Energy Independence Bill last week that would hand energy companies access to eight government databases, including your HMRC tax and income records, child benefit, property value and pensions.
This is a major expansion beyond the limited fuel-poverty data they already get. Official assessments openly plan “progressivity”: discounts for some households paid for by extra levies on those judged better off.
Nothing happens until the bill passes and ministers create a scheme through further legislation.
Her department calls it targeting support. The unmistakable purpose is giving private firms the power to inspect your private finances and raise your bill to subsidise everyone else.
This is not support. It is a deliberate decision to treat your private tax records and property value as legitimate tools for deciding who gets charged more, then hand that power to private energy companies.
Once the machinery exists, Labour will expand it. The only real question is how far they intend to go.

View quoted post on X

Catherine McBride OBE Verified account @CeeMacBee · 2d

For the many UK politicians @UKLabour and journalists @BBC who don't know anything about UK trade, here are the highlights:

1. The UK is now predominantly a service exporter. 57% of UK exports are services, which are not affected by EU 'red tape'.

2. UK goods exports have dropped from almost 70% of our total exports in 1997 to just 43% in 2025. This trend began long before Brexit and is tied to Net Zero mandates, high UK energy prices, and EV mandates.

3. Machinery and transport goods, such as cars and aircraft parts, are 42% of all UK goods exports. This is by far the UK's largest export sector, although it is also falling. It was 50% of UK exports in 2000. But if the UK joins the EU's CBAM, companies in this sector will see their imported material costs rise, making their exports even less competitive.

4. Chemicals are the UK's second-largest export sector. They account for 19% of UK goods exports, but this share is shrinking due to UK and EU energy costs and Net Zero regulations. These will increase if the UK joins the EU ETS.

5. Miscellaneous Manufactures account for 11% of UK goods exports. This is still the UK's third-largest export sector, even though it includes many goods the UK no longer makes because of our high Carbon taxes, which will increase if the UK signs up to the EU's even higher ETS on November 20th.

6. Fuels account for 9% of UK exports. This is still the UK's 4th largest goods export sector, even though the current and previous governments are/were trying to destroy it with bans on new exploration and ultra-high taxes.

7. Material Manufactures account for 8% of UK goods exports. This sector includes iron, steel, aluminium, ceramics, and glass manufacturing - industries that have gone, or are going, out of business in the UK because of high UK energy costs, which will rise if the UK joins the EU ETS.

8. These five sectors make up almost 90% of UK exports. The other 5 industry sectors are insignificant. But the government and our journalists think the UK is New Zealand and that the only goods we export are food and live animals to the EU. We don't! UK food and live animal exports to the EU were just 1.3% of the UK's total exports.

9. The government is about to sacrifice all of the export industries listed above to slightly reduce the IMPORT costs of a handful of Supermarkets, at least two of which are privately owned German companies.
These savings will not be passed on to UK shoppers because the government has also increased wages again, and supermarket energy costs will increase if we join the EU's ETS.

10. UK exports of food and live animals will not increase because we are paying farmers to not produce them, this has nothing to do with EU red tape. Instead we are paying farmers to plant trees and wildflowers or plaster their farmland with solar panels. (54% of UK electricity is coming from gas today, 12% from solar and 3% from wind.)

11. Write to your MP and tell him to #StoptheReset.
If you don't stop this, don't complain when all of our goods export industries have closed because of EU higher carbon taxes, EU higher carbon import tariffs, and the cost of complying with the EU's new packaging and process regulations.

View quoted post on X