Cost of living - 2022!

[pete]

1 hour ago, Kimbers said:

I'm sad to say I would support nationalisation of Electric, water and Trains. Never thought I'd say it but it the thought of all those people struggling when these companies make massive Profits doesn't sit well.

I know the issues with Nationalisation, both economically and business wise but the whole thing now makes me uncomfortable to the point where its becoming an election issue for me. 

So your happy for your taxes to go up a considerable amount to subsidise these industries and to buy them

[andydclements]

Let alone the inefficiency of how they'd be run.

[pete]

4 hours ago, andydclements said:

I think a lot just wouldn't understand what a kWH is and how that has any relationship to what they pay.

at least kwh is on their bill, whereas price cap is nowhere to be seen

[Bibs]

Spot on analysis from the daily mash

https://www.thedailymash.co.uk/news/business/banker-getting-massive-uncapped-bonus-for-fking-up-pound-20220927226194

[Dan E]

Yesterday received my estimate from British Gas for Gas and Electricity 9.2k a year!! Seems reasonable as before all this nonsense started it was 2k a year. Just a mildly amusing 360% 

[Mark Blanchard]

A very well respected Financier, who I know through friends, has told me to hold on to cash.  And don't go out spending.

[Rambo]

Tell that to the wife 🙁

[RobinB5]

23 minutes ago, Mark Blanchard said:

A very well respected Financier, who I know through friends, has told me to hold on to cash.  And don't go out spending.

Have had similar advice from someone in the finance world. Batten down the hatches time.

[Mark Blanchard]

[red vtec]

1 hour ago, RobinB5 said:

Have had similar advice from someone in the finance world. Batten down the hatches time.

@mark blanchard @Robin85 Im supposed to be sorting out a wealth manager at the moment as I have a large amount of Cash, but am really confused what to do at present

[Bibs]

I can help

[Mark Blanchard]

35 minutes ago, red vtec said:

I'm supposed to be sorting out a wealth manager at the moment as I have a large amount of Cash, but am really confused what to do at present

I'd sit tight and put some money in Chase Bank 1.5% / Atom bank 1.8% and some in Premium Bonds 2%. 

[phil flash]

"I have a large amount of Cash, but am really confused what to do at present" - buy 'charlie'...  street price will go sky high when the bankers get their bonus ..😉

On a more serious note - Scottish Power has advised me of new prices..

Price of Night Units was 44.4% of Day Units, and will change to 24.9%.  Unit price of Night Rate actually FALLS! Currently available from 01:30 to 08:30 hrs BST but will be 00:30 to 07:30 GMT.

Already have delay functions on dishwasher and washing machine to run at night, I'd better find that plug-in time-switch I use for Xmas lights and put the  tumble dryer on it.

 

[exeterjeep]

https://www.rcibank.co.uk/savings/freedom-savings-account instant access currently 1.67.

[Bibs]

I'm paying 35p day and 7.5p overnight on Octopus Go right now...

https://share.octopus.energy/tan-bloom-811 - £50 for each of us if anyone uses that link

 

[LotusLeftLotusRight]

I clicked on your link for a look and it seems like they don’t recommend new customers joining them at this time.

[phil flash]

15 minutes ago, Bibs said:

I'm paying 35p day and 7.5p overnight on Octopus Go right now...

https://share.octopus.energy/tan-bloom-811 - £50 for each of us if anyone uses that link

 

What Tariff? I believe you lose the Govt Rebate if you switch now...   anybody know for sure?

Edit :  I guess that confirms it.

[Bibs]

Doh - You can call them still. 

I'm on Octopus Go - I've got an electric car and charge that plus run the dishwasher/washing machine etc overnight when it's 80% off normal rates! 

[Rambo]

I'm still on £48.62 per month for all electricity usage with Octopus.

Crisis, what crisis?

[Bibs]

The CEO of Shell has asked the govt to tax them more

https://news.sky.com/story/cost-of-living-shell-boss-calls-on-government-to-tax-oil-and-gas-companies-to-protect-poorest-12712013

Will it happen? Unlikely, the cabinet know where their personal bread is buttered!

[C8RKH]

You mean the Shell CEO who is stepping down in January, with his bonuses in the bank so no longer cares what happens to Shell's Execs future bonuses?

What a twat eh, wonder why he never piped up when it was going to hit his pocket!

What have I missed.

[stevensr34]

Electricity charge here in Australia - Brisbane: (converted to GBP): 13p per kWh flat rate.

We have solar panels, (no batteries), so get a feed-in rate of 11p per kWh as credit. Total bill most months is about GBP 60-65... slightly more in winter, up to GBP 90 per month. Summer uses GBP 70 per month as the air conditioning is on, however the solar panels provide the power for this, by day, so it mostly cancels out.

 

[Bibs]

[LotusLeftLotusRight]

I took out an annual family travel insurance policy with Direct Line one year ago. They have now sent me details for auto renewal (which I didn’t ask for). Last year’s premium was £153.42, this year’s will be £245.95. No claims made, but a 60% increase. They must have given their staff a colossal pay rise to justify that!

[Rambo]

Best to shop around. Try Staysure.