There is finally serious talk of capping the rising energy price cap after weeks of increasingly dire predictions of prohibitive fuel bills and vague promises of handouts.
The Treasury is drawing up plans to lower the proposed price cap increase by at least £400 with a government-backed utility loan scheme.
Meanwhile, industry leaders have proposed their own more radical plan to keep the price cap at its current level for two years in exchange for access to credit to cover costs.
Even the missing Keir Starmer has finally broken cover and made a proposal to freeze the price cap and milk the gas and oil giants’ record profits to pay for it.
Labour’s ‘full cost’ plan sounds anything but. Still worth looking at.
Because given the extent of the crisis, nothing should be off the table.
There are no easy cures, but at the start of the Covid pandemic, the outlook was similarly apocalyptic and huge resources were focused on a solution.
The result was a world-leading vaccine in record time.
We now need more radical thinking for the new emergency.
Hard-working householders who have nightmares of frankly horrific energy bills don’t care who comes up with an idea that saves them from ruin.
Save the money
It’s only mid-August and already the number of migrants making the dangerous Channel crossing in small boats is almost twice as high as last year.
More than 1,000 arrived in the past few days, taking advantage of the hot, calm weather.
But don’t think for a second that if the weather worsens, the smugglers will stop their evil operation.
The ruthless criminals become far too rich to care about the security of the clients who pay them thousands.
Now ministers are working to give France a new multi-million pound package to disrupt trade.
You shouldn’t bother.
The French just pocket our money and laugh at our expense while watching the boats put out to sea.
THANK God for the upcoming rain… well almost.
We have had complaints for weeks about the scorching hot weather and lack of rain turning our green and pleasant country into a parched powder keg.
Now we’re finally set for some rain and of course the upcoming thunderstorms threaten power outages and flash flooding but will do little to end the drought.
At the very least, it will continue to feed our national obsession with whining about the weather.
It never rains, but it pours.
https://www.the-sun.com/news/5999335/radical-energy-price-emergency/ We need radical thinking now to resolve the energy emergency and save Britain from ruin