[Cherie]

Any update on the jolly meeting with business today @arista, all sitting around sniggering why they profiteer

[Cherie]

Today, Keir Starmer met with business leaders in Downing Street to discuss the impact of the Iran war on the UK economy. The meeting included senior representatives from the energy, shipping, and financial services sectors, focusing on the ongoing blockade of the Strait of Hormuz and the implications for oil prices and household costs. Starmer emphasized the need for a joint effort between the government and the private sector to address rising energy, fuel, and food prices, as well as to protect British interests amid geopolitical tensions.


err joint usually means both, what exactly are the government doing, apart from monitoring price hikes and droning on about 150 quid off energy bills which has not materialised and putting fuel duty up in September

[Cherie]

The government are raking in 20 million a day in extra taxes due to the fuel rises LBC

[Cherie]

There is another Cobra meeting today to discuss the cost of living crisis

[arista]

Originally Posted by Cherie

There is another Cobra meeting today to discuss the cost of living crisis

Another load of Bosess

[Cherie]

James Murray Chief Secretary to the Treasury, in response to questioning as to what the government were doing to help the situation said the fuel duty has been frozen until September and there is a fuel tracker website which will save motorists 40.00 a year if they use it

[arista]

Originally Posted by Cherie

Any update on the jolly meeting with business today @arista, all sitting around sniggering why they profiteer

Yes, yesterday's Cobra Meeting
were all possible measures


So by the time he has done the
2nd Cobra meeting today
He should change something - you would think?

[Cherie]

Originally Posted by arista

Yes, yesterday's Cobra Meeting
were all possible measures


So by the time he has done the
2nd Cobra meeting today
He should change something - you would think?

If they dont do something fast, what was already going to be carnage at the ballot box in May will be a total wipeout

[Cherie]

Rachel Reeves is under growing pressure to help desperate drivers today as it emerged the government is in line for an Ł8billion windfall from soaring energy prices.

The Chancellor is still refusing to follow a host of countries including Australia, Spain and Poland in trimming duty on fuel at the pumps in response to Middle East chaos.

But while surging oil costs have left motorists paying more than Ł1.80 for a litre of diesel and Ł1.52 for petrol, the Treasury is believed to be seeing a Ł20million a day boost to revenues.

That is from a combination of higher VAT income on fuel, the levy on North Sea profits, and 'excess profit' taxes on power generators.

Although debt interest payments are increasing, higher inflation is also expected to ramp up the income tax take.

Millions of Brits will be dragged deeper into the system by pay increases, after Ms Reeves froze tax thresholds until 2031.

The estimates come as Keir Starmer hosts another Cobra emergency meeting over the looming hit from the Iran crisis. The Tories have insisted he needs to take action instead of holding more talks.

Donald Trump has apparently told aides he is considering ending his military campaign even if Tehran does not reopen the critical Strait of Hormuz - through which around a fifth of the world's oil supplies normally pass.

DM

[bots]

the problem is that the issue will spread out to many items, not just fuel and energy. I also don't think Trump walking away will end the issues both to the strait and Iran's neighbours.

[Cherie]

Originally Posted by bots

the problem is that the issue will spread out to many items, not just fuel and energy. I also don't think Trump walking away will end the issues both to the strait and Iran's neighbours.

of course, I just cant believe the government cant see how rising fuel costs wont impact on everything, holding endless meetings to discuss it is just nonsense and everyone can see it, people need action not plump bottoms as someone described them this morning sitting around discussing it

[Livia]

Originally Posted by Cherie

If they dont do something fast, what was already going to be carnage at the ballot box in May will be a total wipeout

Carnage followed by a wipeout. This government just cannot read the room.

[bots]

Originally Posted by Livia

Carnage followed by a wipeout. This government just cannot read the room.

i actually think they read the room well, they just don't give a crap

[Livia]

Originally Posted by bots

i actually think they read the room well, they just don't give a crap

You may well be right...

[Cherie]

Originally Posted by bots

i actually think they read the room well, they just don't give a crap

Its the only explanation, rolling out someone this morning to say that people can save 40.00 a year by using the fuel finder app, and that energy bills are coming down for 3 months in the part of the year no one uses much gas, its infuriating, I have pinged two emails to my Labour MP in the last day, i think she will be getting another one today

[Livia]

Originally Posted by Cherie

Its the only explanation, rolling out someone this morning to say that people can save 40.00 a year by using the fuel finder app, and that energy bills are coming down for 3 months in the part of the year no one uses much gas, its infuriating, I have pinged two emails to my Labour MP in the last day, i think she will be getting another one today

My MP is a Green. A Green. What would be the point of me contacting him? South Norfolk went from staunch Tory to Green. It beggars belief. It's rural, lots of farms, everyone has to drive to get anywhere, there is no public transport and most people heat their homes with oil. And they voted Green...

[Cherie]

Originally Posted by Livia

My MP is a Green. A Green. What would be the point of me contacting him? South Norfolk went from staunch Tory to Green. It beggars belief. It's rural, lots of farms, everyone has to drive to get anywhere, there is no public transport and most people heat their homes with oil. And they voted Green...

The Turkeys out in force, I hope thats not a racist trope

[Cherie]

Any update from the Plump Bottom meeting .... I expect they are having a lengthy lunch to mull over how to tell us Fuel Finder is the way to go

[bots]

Originally Posted by Cherie

Any update from the Plump Bottom meeting .... I expect they are having a lengthy lunch to mull over how to tell us Fuel Finder is the way to go

i actually remember the last time everything went crazy in the 70's. The price of petrol shot up and it never came down again and I don't expect it to be any different this time

[Cherie]

The Plump Bottom is going to make an announcement of some sort this afternoon

[Cherie]

Another day and another minister claiming they are monitoring the price of fuel and Rachel Reeves if ready to step in if she finds companies profiteering....lmfao

[Livia]

Originally Posted by Cherie

Another day and another minister claiming they are monitoring the price of fuel and Rachel Reeves if ready to step in if she finds companies profiteering....lmfao

She's profiteering, what's going to happen about that, I wonder?

[Zizu]

Interesting how much Boris did for us during COVID .. funding millions to stay safe at home for gawd knows how long and he got slaughtered


Starmer has had an easy run in comparison and has done nothing for us