Tag Archives: energy supply

Life resumes…..

It’s been an intense 11 days  since the Queen died.

For many people, a national bereavement takes a similar pattern to any other. The adrenaline gets you through to the funeral and it’s only afterwards that you have to adjust to the loss and its consequences. However we may feel about Queen Elizabeth’s legacy or, indeed, the institution of monarchy itself, it will take some time to get used to the new normal, not least because we have a brand new monarch and a brand new Government.

Anyone under the age of about 75 will not be able to remember having any other monarch than Queen Elizabeth. It’s  astonishing that we have had two Queens, covering 134 of the last 185 years. Both reigned during periods of intense social and economic change. I was thinking about this yesterday  as I woke up and looked up exactly how long they had been on the throne. Victoria had been on the throne for 63 years, 7 months and 2 days – and Elizabeth for 70 years, 7 months and 2 days. In all the wall to wall coverage I’ve absorbed since 8th September, I hadn’t heard that mentioned. Or maybe I’m the only one that finds it worthy of note.

We haven’t in any sort of memory had a new Head of State and Prime Minister in such quick succession. Elizabeth had wartime giant Winston Churchill as her first PM. When George V died, Stanley Baldwin was on his third prime ministerial stint. The last liberal Prime Minister, Asquith, had a couple of years under his belt before Edward VII died and Viscount Melbourne was extremely experienced when the 19 year old Victoria acceded.

The new King Charles has had decades to learn his trade and he has acknowledged that he can’t be as vocal on issues close to his heart as he was as Prince of Wales. A climate change denying Government is bound to be a test.

The cost of living emergency has not gone away. It is biting the most vulnerable every single day.  Inflation may have dipped a tiny bit down to 9.9% in August but households are still finding that the basics in life are a lot more expensive than they were last year before you even think about heating your house.

The last big political announcement was Liz Truss’s plan to deal with meteoric energy price rises. She intends to limit price rise so that the average household will pay no more than £2500. It’s likely you will pay more if you live in an energy inefficient, damp house. That includes many people on low incomes in private lets and social housing.

Ed Davey called Truss’s plan a “phony freeze” saying:

Posted in Op-eds | Also tagged , , , and | 11 Comments
Advert



Recent Comments

  • Peter Martin
    @Jenny and Michael, Jenny is right to question whether more spending power will always cause growth. The problem is that our economy depends, many would say ...
  • David Langshaw
    It is not insider dealing as long as the information that the Hindenberg team analyses is all in the public domain, and the conclusions it reaches can be regard...
  • Nonconformistradical
    "The government could tax the wealthy more and use this money to increase pay in the public sector." Seconded. It seems far too easy for the wealthy to indulge...
  • Michael BG
    Peter Hirst, The cost-of-living crisis is real and will be worse after April when the energy price goes up by £500 and lots of people will receive £1050 le...
  • Martin
    Thanks Mel and Nick. Note, I wrote it looks rather lie insider trading not that it is insider trading. I still find it hard to understand how short selling w...