we are basically giving it back to them anyway. plus with tax free future ventures.

@@kanedNunable as we should be. The long term solution to this is better national energy infrastructure so we’re not at the mercy of wholesale global energy prices. To do that you need investment from energy firms. The tax implemented raises funds to help families in the short term whilst encouraging investment in infrastructure that will bring down energy prices in the future. Happened to late and the timing of it is incredibly suspicious but it’s the right move

Chris 💯 CERTAINLY right

Inflation really changes how much they actually took Vs offshore profits. Plus compared in real value to the previous support after the oil-related stagflation that happened before... it's not really much :/

Boris Johnson & His Tories, there's been too many lies. I mean just look at his record when leaving mayoral office... Oh wait, he accidentally deleted it 😂

Your basically taking their money

@@johnsamuel1999 are you taking the p these bastards arnt losing weight there kids arnt going hungry they arnt working agency jobs or are you a faild comedian

What's it got to do with EU?

@@simonbilling2796 trade with our closest neighbour. Rejoin single market or work out an European Economic Area arrangement or continue to live in la la land.

What about British clowns trying to mess up Northern Ireland protocol.

@@michaelpower4372 that's exactly what I'm saying...

Where’s the money going to come from when the minimum wage? Just means everything else goes up

This is a massive incentive to build more planet-killing fossil fuel infrastructure. That is why they are doing this. It gets then off the political hook while giving a massive bung to the ecocidal fossil fuel industry. The Tories are evil.

Another dead cat story but they have to follow labour policy's.

@@wayneford2481 It's not labour's policy. Labour didn't have a giant loophole which incentivises the oil companies build more fossil fuel infrastructure.

@@michaelrch No, but Labour stood cheek by Jowl when the lying b`stards told us there was no oil left in 2014. Saor Alba!

@@wayneford2481 the party IN POWER WITH A MAJORITY have to follow THE OPPOSTION’S policies? Are you sure you know how politics works?

EXACTLY… well said!!!

@@theman2017inc 👍

So who is voting for them?

@Chris Cheltenham These liars & profiteers are NOT Tories. The proper Tories were kicked out of the party for telling the truth about this lot & Brexit.

@Chris Cheltenham They are only doing what they've always done.

I agree the idiot sunak has just paid 10 thousand pound for private helicopter to visit Wales instead of catching a train for approximately 150 pounds . that's how much out of touch he is to the real world.

There aren't any billionaires in the House of Commons, the wages aren't high enough for that, not even those of the Prime Minister. Millionaires, yes. Billionaires, no.

I welcome the money... But they think we are stupid sheep, we are not, and will remember the greased pig Johnson at the next elections. Bye bye little piggy 🐷

This is what we need! Not useless OFGEM that protects the energy companies and not the consumers, and one off backhanders from the government. What about next month? ...and the months after that? Over a decade of Tory government and they have left the UK severely lacking in energy resilience.

Many months ago

I mean as long as they pretend it's a lot that they don't want & drag their feet, it'll always look like just enough. Overton Window has shifted everything these days

Labour will give more by tax tax tax so they give nothing.

@@explorer0213 Boris still has to go

😂😂😂 consider me convinced

He's being placed as next pm for sure. If there's something less trustworthy than Boris it has to be the snake at his feet.

I would call it fascism. 🤷🏼‍♂️

Everything has been raised exponentially in UK except one thing 👉 wages :))

Tories are the listening party ( this is why Labour must be abolished)

@@michaelathanasiou2030 cringe

@@michaelathanasiou2030 listening to who?

First part of your post is very wide of the mark

Yes, because "sloppy leadership and poor decisions" cause inflation, not printing more money and spending more than you earn....

Yes, and every other country miraculously has sloppy leadership and poor decisions at the same time as us resulting in high inflation in those countries......I did read that the pandemic and war in Ukraine were the cause, but obviously that can't be true

Inflation is caused by over printing money, also lack of labour to many Europeans went back to home and now we have increased wages for lower end jobs which means we pay higher prices, housing being insufficient means higher rent prices all these things will lead us to a recession, our we all ready to lose 25% of our property price. Feel sorry for first time buyers

Paid 0% Tax on selling UK resources, Then got COVID support & Negative Tax, Bragged about raking in the money while VAT was lobbed onto us. Only to have the Gov drag its feet in dealing with all of the state support it gave them? It's still just socialism but only for the rich 🙈

It's got nothing to do with Brexit .. each and every EU country who didn't leave are all in the same boat. Give up using Brexit as an excuse day in day out. If it was a Brexit issue every other country in the EU would be pointing fingers and laughing , but they are not because they are in the same or worse positions.

@@Richie5903 "It's got nothing to do with Brexit" It has eveything to do with Brexit. "Give up using Brexit as an excuse day in day out." Only when we rejoin the EU ...

There is more than 1 reason Brexit Covid Ukraine and Russia War We had 3 major events in short time frame so we are now starting to see the impact of it.

@@Ali-we3ks BREXIT

This has nothing to do with brexit, it's the end stage of fiat currency and the leading up to the collapse of the US dollar. We've been talking about this since 2014. Look around, countries are defaulting and hyperinflating like crazy, Sri Lanka, Argentina, Lebanon, it's just going to be slower to hit us because we're in the west.

Agreeded

Ohhhhhhhhh Jeremy Corbyn

If only you knew what you were talking about, you support any measure as a quick fix to a disaster, problem is its another disaster in the making

@@jimspencer3072 gb news has rotted your brain.

@@jimspencer3072 if you say so

@@roqsteady5290 It has nothing to do with me, it is what it is, theyre filling folks with BS constantly, many buy it

@@Tom-co8uz Not as rotten as you're vindictive mind

Finger on the pulse there Philip.

Anyone is more electable than Johnson. Don't be so harsh on Starmer. If the electorate decides it is time to replace a crook with a decent politician then Starmer will be elected. My feeling is that the electorate still prefers to be led by criminals because a majority feels more comfortable with that sort of person in charge.

Boris can swap £800.rolls of wall paper for free electricity.

@Bercilak de hautdesert yeah, maybe getting more oil or gas from qatar that has been suggested is not exactly better than russian resources morally. all the wars in the middle east, millions dead and how many millions disabled and children without parents. exploiting the middle east for their oil + resources, after iirc BP stating they would not get oil after the immoral bombing in MENA - yet they did after the dust had settled. literally, we need to really think and properly research how we buy resources and fund extremely immoral dictatorships that are even worse than russia. we in the UK technically have caused many more deaths, while not giving any option for diplomacy to the countries we invaded. so morally, we're not doing anything by not buying russian resources and refusing diplomacy. materially, we're causing a lot more suffering to ourselves and the rest of the world from the disruption of refusing to do diplomacy about NATO concerns. so when are we gonna realise enough is enough and stop letting these polticians and their pals make a fortune from this situation, while we're all suffering for no genuine moral cause?? also the rent prices and disgraceful property market for 1st time buyers! apparently a decent amount of MPs are landlords: "landlords rises to 27% among MPs appointed as ministers or whips" in a report from last year. apparently nearly 40% of tory MPs are landlords too.

@Bercilak de hautdesert also, just decades of lack of infastructure investment are glaring right now. we are extremely falling behind, and i could see the UK 10 years down the line with a completely shattered economy like we've never experienced. even the fact that we have the buying power we have seems like a scam, it's not like we're producing many things the world needs that they can't do themselves. our earth doesn't exactly have many resources left to mine or extract. these sanctions could be the nail in the coffin, while china has invested more in infastructure in 2020, than the last 100 years the US has. china is no longer so powerless and the quality of life has improved a lot - i've seen it when i stayed there for a bit. i completely changed my mind from how china is portrayed, it's really nowhere near as bad as the news makes it out and perhaps that's because they are threatened by a country that has shown nationalised industries outperform... i paid £30 total for 6 months of energy bills in shanghai. if we don't take back control of our industries, we are going to have basically no power to even defend ourselves from the top 5 countries... (also, sorry for the rant, it's not directed at you. i think i'm just annoyed by this whole situation generally lol)

@@oight ahh of course, communism is the solution to everyone’s problems 😂 the reason China has had an economic boom is because they control the worlds manufacturing because of ridiculously cheap labour costs (of course you don’t want something as pesky as human rights getting in the way of our great socialist utopia). Feel free to move there and get paid 15p a week to work 15 hours a day in a sweatshop. That’s as long as you’re not a Uighur Muslim of course where you’re basically just a slave

If we had a labour goverment then goverment spending and money printing would be even higher than we currently see and inflation would be higher on that basis. Our system is broken and its needs to be addressed from the way we create fiat currency to the way we fund governance

@@ricardosmythe2548 it’s a question of why on earth did they not do this few months back when things were crystal clear about rising energy prices and billions of profits recorded by these companies on a scale that is hard to imagine at the expense of consumers. Sunaks talks about waiting for more certainty is nonsensical. They should have acted in a timely manner rather than coming up with a U turn which does not change much other than a last minute relief for people.

​@@ricardosmythe2548 But this plan involves more borrowing than the labour plan did. So its arguable that the labour party would have been more limited with public spending, but would have acted much sooner. Acting promptly but with restraint seems like a more sensible and level headed government than waiting months too late and then scrambling to make up with reckless borrowing. You cant support the borrow and spend party but carry on claiming that the opposition would be bad because they would have done the same thing only better

@@insopanasiancuisine8098 the awnser is because inflation devalues debt, private debt, pensions liabilities, goverment debt. All just about becoming unaffordable in most western states and then.....

@@WhichDoctor1 I don't support any political party. Im not under the delusion any of them act in our interests or serve much more purpose than a PR team

Branded are expensive get supermarkets own brands.

@@explorer0213 they already are. You wing ding. WTF are you on. Oh you read the mail, or the express. Mark Twain: '" If you don't read a newspaper, you're uninformed. If you do read a newspaper you're misinformed." I'm saying this in a soft voice. So don't be offended. Be better informed!!

@@explorer0213 Glib.

I do remember and poverty is undoubtedly increasingly stalking the land as it has done for many years. But what was a higher priority for the English electorate in 2019? The standard of living or "getting Brexit done"? Even though Brexit was sure to reduce their standard of living. People are more interested in the unicorn fantasies they read about in the Express, the Mail, The Telegraph or The Sun or The Times than they are in real world issues like the price of tampons or the price of a loaf of bread. That is why the Tories will win the next election, albeit with a reduced majority. All they have to do is blame immigrants and the election is in the bag. The English electorate is not yet prepared to face facts, but would rather take a bath in right wing propaganda.

They ought not to be.

All part of the plan......................................!

that's effectively what he's doing......I invest, take the risk with my capital......joe Bloggs reaps my rewards

why don't you buy some share in Shell then.....seems like a good investment?

It's actually good for the fossil fuel industry. They get a huge tax relief for investing in planet-killing fossil fuel infrastructure . The tax relief does not even apply to clean energy. The Tories really want to kill the planet.

And this is ok. There are people that took the risk to finance them. No reason to tax them if it works out. Nobody would pay them when it didn't worked out. But doesn't matter the prices will rise in the same percentage.

we left the european single energy market, so instead of being in a club of 600m we are now a club of 60m people going up against the rest of europe to buy energy

Rightly so, there is simply no reason to tax the investors. They take the risk and the benefits should be for all? No way

@@maddwarf7976 I agree with you. The premise of a windfall tax is just good PR and allows the Government to increase their funds. The West plans on making fossil fuel companies be unable to operate in less than a decade. Can we really blame them for charging as much as they can?

He is only capable of borrowing more and more.

because he caved in ?? these are labour plans lol

But there paying the money to every household to help with hight energy bills. Will that include themselves and there second house. Theres something fishy going on here. Allso were is the money going to come from to pay for this jubilee coming up. I bet there be no problem finding money for that.