Two Tier Kier setting out the pain that is coming.......................

[Mice!]

12 minutes ago, Mungler said:

Europe is absolutely in the doldrums - France is about to have a downgrade of its credit rating which in itself will ramp up borrowing costs, Italy has returned to double basket case status following Covid and Germany is in recession). Europe is done for.

Yeah but......

Brexit........

We'd be better off with Europe 😄😄

[Newbie to this]

25 minutes ago, Mungler said:

Interesting turmoil in the bond markets. Apparently those who lend governments money are getting worried at the European tax and spend models (as adopted by Reeves) which have seen country debt levels rise to frightening levels and haven’t delivered growth or any increase in tax take (being the money the governments all banked on to repay governmental excessive borrowing).

Who knew that taxing the productive to give it away in settling public sector pay rises and to spaff up a wall through the public sector wouldn’t deliver growth but will see the money frittered away.

If unfactored government borrowing costs are not brought under control (and the traditional approach is to start repaying the debt) then something will snap and that’s a crash. Europe is absolutely in the doldrums - France is about to have a downgrade of its credit rating which in itself will ramp up borrowing costs, Italy has returned to double basket case status following Covid and Germany is in recession). Europe is done for.

And our government, both the last one and this one, want to drag us back onto the sinking ship........beggars belief

[12gauge82]

5 hours ago, Mice! said:

Nothing to do with Brexit,  cheap immigrant labour will never get a job here, there's still a training school for the Apprentices, and the numbers have been ramped up, you're looking at 100s not a few like other companies 

But they will be the exception not the norm.

Sounds like a good company, the uk needs many more like it 👍

[old man]

12 hours ago, Newbie to this said:

And our government, both the last one and this one, want to drag us back onto the sinking ship........beggars belief

Not really, just typical politico thinking of not giving a monkey's as personally they are OK?

[Penelope]

On 02/11/2024 at 10:49, oldypigeonpopper said:

Not forgetting Liz Truss crashing the economy

Engineered by outside forces, possibly.

On 02/11/2024 at 14:01, Mungler said:

The Truss and Kwatang budget was actually the right direction and promoted growth and enterprise. In years to come we will see this. However, they didn’t play the game or their cards in the right order and got stitched up. 

This.

[Rewulf]

Ill just leave this here rather than start a new thread.

I wonder how much this cost us , for the 'independent' advice ?

[JohnfromUK]

1 minute ago, Rewulf said:

Ill just leave this here rather than start a new thread.

I wouldn't trust Milliband to run a bath (or even eat a bacon sandwich)

[Rewulf]

2 minutes ago, JohnfromUK said:

I wouldn't trust Milliband to run a bath (or even eat a bacon sandwich)

Unfortunately, our new supreme leader does.

[12gauge82]

I find it incredible in today's day and age that politicians can use their vested interests with impunity. You see it time and again. 

[JohnfromUK]

56 minutes ago, Rewulf said:

Unfortunately, our new supreme leader does.

Straight into politics after LSE The same establishment at which the late Jim Hacker studied, but he wasn't quite as bright as Hacker (who did actually make PM).

Now sole person in charge of a multi million pound new venture business.

What could possibly go right?

Edited Tuesday at 20:38 by JohnfromUK

[oowee]

Neso

The National Energy System Operator is the nationalised energy system operator for the United Kingdom. Previously owned by National Grid plc, when it was known as National Grid ESO, it is a public corporation which operates both the electricity and gas distribution systems from 1 October 2024. Wikipedia

 

The National Energy System Operator (NESO) is a publicly owned organization that is ultimately owned by the UK government:

Ownership

The UK government owns NESO by holding the shares in the company, but the government has no operational control. The government has appointed a board chair and a board representative from UK Government Investments.

Independence

NESO has its own board and independent directors, which gives it operational independence from the government, regulator, and industry interests.

Funding

NESO is funded through energy bills and operates on a not-for-profit basis.

Regulation

NESO is licensed and regulated by the Office of Gas and Electricity Markets (Ofgem). 

[Rewulf]

34 minutes ago, oowee said:

Neso

The National Energy System Operator is the nationalised energy system operator for the United Kingdom. Previously owned by National Grid plc, when it was known as National Grid ESO, it is a public corporation which operates both the electricity and gas distribution systems from 1 October 2024. Wikipedia

 

The National Energy System Operator (NESO) is a publicly owned organization that is ultimately owned by the UK government:

Ownership

The UK government owns NESO by holding the shares in the company, but the government has no operational control. The government has appointed a board chair and a board representative from UK Government Investments.

Independence

NESO has its own board and independent directors, which gives it operational independence from the government, regulator, and industry interests.

Funding

NESO is funded through energy bills and operates on a not-for-profit basis.

Regulation

NESO is licensed and regulated by the Office of Gas and Electricity Markets (Ofgem). 

So, youre saying that NESO and Miliband are completely independent of each other ?

[oowee]

15 minutes ago, Rewulf said:

So, youre saying that NESO and Miliband are completely independent of each other ?

You tell me. I don't have time to check it out. Sounds about as independent as the BoE from the Chancellor. 

https://www.neso.energy/about/our-people/nesos-stakeholder-groups

[Weihrauch17]

1 hour ago, Rewulf said:

Ill just leave this here rather than start a new thread.

I wonder how much this cost us , for the 'independent' advice ?

Solar and Wind were providing 6% of our requirements today when I looked at Grid Watch, it doesn't matter how many Windmills or Solar Panels he installs at huge cost on our bills when the wind doesn't blow and the sun doesn't shine they are utterly useless.  Milliband is insane and will wreck what is left of industry, he is well on the way already.  Car industry next in line.

[JohnfromUK]

6 minutes ago, Weihrauch17 said:

Solar and Wind were providing 6% of our requirements today when I looked at Grid Watch, it doesn't matter how many Windmills or Solar Panels he installs at huge cost on our bills when the wind doesn't blow and the sun doesn't shine they are utterly useless.  Milliband is insane and will wreck what is left of industry, he is well on the way already.  Car industry next in line.

Today here has been a fairly typical UK winter season day here.  (south Worcs/north Glos area)

No wind (at all - none) - and there has been none to mention since middle of last week.

Dull - auto car lights (mine and others had lights on) came on driving home around 15:15

Damp and no warmth in the air, so people do want and need a little heat even though it isn't (yet) seriously cold.

It's days like today that clearly demonstrate that wind and solar are a hopeless and impractical power source for the essential base load and basically a trendy expensive toy. 

[oowee]

12 minutes ago, Weihrauch17 said:

Solar and Wind were providing 6% of our requirements today when I looked at Grid Watch, it doesn't matter how many Windmills or Solar Panels he installs at huge cost on our bills when the wind doesn't blow and the sun doesn't shine they are utterly useless.  Milliband is insane and will wreck what is left of industry, he is well on the way already.  Car industry next in line.

You may find this illuminating. 59% of renewables built last year were in China, 54% of cars sold in China this year are electric, by 2045 no fuel stations (state fuel station provider).

 

[Weihrauch17]

9 minutes ago, oowee said:

You may find this illuminating. 59% of renewables built last year were in China, 54% of cars sold in China this year are electric, by 2045 no fuel stations (state fuel station provider).

 

Not sure how that would help us when we are without Gas in 2030 and reliant on Wind and Solar even if the numbers quoted were true which I sure they are not, China is building Coal fired power stations like they are going out of fashion.

https://www.carbonbrief.org/china-responsible-for-95-of-new-coal-power-construction-in-2023-report-says/

[oowee]

4 minutes ago, Weihrauch17 said:

Not sure how that would help us when we are without Gas in 2030 and reliant on Wind and Solar even if the numbers quoted were true which I sure they are not, China is building Coal fired power stations like they are going out of fashion.

https://www.carbonbrief.org/china-responsible-for-95-of-new-coal-power-construction-in-2023-report-says/

This is the chap that runs octopus. He is something of an energy guru riding the tech wave for the UK. The ralk is all about ev's fuel and the UK position.

[Yellow Bear]

1 minute ago, oowee said:

This is the chap that runs octopus. He is something of an energy guru riding the tech wave for the UK. The ralk is all about ev's fuel and the UK position.

Massive vested interest to make more money then.  We need to sell  renewables at what they cost then, not linked to gas and no subsidies.   Then we will see who stays in so called " renewables"

[JohnfromUK]

Just now, oowee said:

This is the chap that runs octopus. He is something of an energy guru riding the tech wave for the UK. The ralk is all about ev's fuel and the UK position.

I am a customer of Octopus and was initially very pleased.  They were good, competitive and efficient.  However they are now in to taking on LOTs of customers from other failed companies and have grown far too fast - are now hopeless. 

I have now had three wasted days waiting for a (contract) engineer to install (at their request) a replacement meter.  On every occasion he has turned up and been unable to do the job.  Wrong parts, wrong type of meter, not qualified to remove my old meter .......... utterly hopeless.  I have had assurances that they will send their own staff with right kit, then a Contractor with wrong kit and unqualified is sent.

The 'Smart' electricity meter they have supplied fails to send in readings, so I have to do that as well now.  Mr Jackson should spend his time sorting out the affairs of his present business.

[Weihrauch17]

9 minutes ago, Yellow Bear said:

Massive vested interest to make more money then.  We need to sell  renewables at what they cost then, not linked to gas and no subsidies.   Then we will see who stays in so called " renewables"

I hold him on a Par with Dale Vince!

[Weihrauch17]

Just now Fossil Fuels 59% - Renewables 13%.  When is this most incompetent Govt going to wake up and smell the Coffee!!

[TIGHTCHOKE]

12 hours ago, JohnfromUK said:

I am a customer of Octopus and was initially very pleased.  They were good, competitive and efficient.  However they are now in to taking on LOTs of customers from other failed companies and have grown far too fast - are now hopeless. 

I have now had three wasted days waiting for a (contract) engineer to install (at their request) a replacement meter.  On every occasion he has turned up and been unable to do the job.  Wrong parts, wrong type of meter, not qualified to remove my old meter .......... utterly hopeless.  I have had assurances that they will send their own staff with right kit, then a Contractor with wrong kit and unqualified is sent.

The 'Smart' electricity meter they have supplied fails to send in readings, so I have to do that as well now.  Mr Jackson should spend his time sorting out the affairs of his present business.

I ditched Octopus several years ago when their claims of good customer service proved to be blatant lies. 

[ShootingEgg]

8 hours ago, TIGHTCHOKE said:

I ditched Octopus several years ago when their claims of good customer service proved to be blatant lies. 

But all of the radio adverts of people saying how great they are ......

[TIGHTCHOKE]

15 minutes ago, ShootingEgg said:

But all of the radio adverts of people saying how great they are ......

Just blatant lies.