Please kindly sign this petition for engery price cap on small businesses.

visibleman said:
Signed but unless something is done to help the entire nation, even with a price-cap for SMB's, dwindling customer numbers (public not being able to afford those services/products from SMB's) will eventually get those businesses.
Unfortunately, a price cap for SMB's is only kicking the can down a very short road.


By "green energy nonsense", are you suggesting the green energy levies? If so, how will stopping those help?

Similarly, how would being less "aggressive" towards Russia help with our energy crisis?
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This is the problem.

Covid was different.
It was always going to be temporary. And if the world went back to just how it was before that was money we'll spent.

Now you'd be throwing money away most of the time.
Pubs would need to be propped up for energy and for falling customer numbers. You have to question whether it's even a viable model anymore?

If our new energy price is 2000-3000 for next 10 years I can't see most pubs surviving for example.

The above is considering government cap at 2000-3000 a year for domestic.


I use pubs as its an easy example that people can visualise
 
Mercenary Keyboard Warrior said:
Problem is I see a significant number of business failures as nailed on.
I mean if you were convinced that this was a short term thing and everything would return to "normal"* soon then maybe, however I don't.
Even if we bailed all those businesses out, how many are going to see trade fall off a cliff with everyone not being able to spend any money anyway.
I am not against support, but I would tailor all that support to individuals rather than businesses.
That way individuals will decide if the prices the businesses need to charge to properly cover their costs will be reasonable or not.

*We haven't even seemingly reached a new norm post COVID. Constant complaints of not enough staff etc, well a few less businesses would allow that staff consolidation and business consolidation to take place.

I know this probably sounds really harsh but IMO its economic reality with whats coming down the tracks.
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It is not harsh it is common sense. Everything needs a reset.
 
Mercenary Keyboard Warrior said:
Problem is I see a significant number of business failures as nailed on.
I mean if you were convinced that this was a short term thing and everything would return to "normal"* soon then maybe, however I don't.
Even if we bailed all those businesses out, how many are going to see trade fall off a cliff with everyone not being able to spend any money anyway.
I am not against support, but I would tailor all that support to individuals rather than businesses.
That way individuals will decide if the prices the businesses need to charge to properly cover their costs will be reasonable or not.

*We haven't even seemingly reached a new norm post COVID. Constant complaints of not enough staff etc, well a few less businesses would allow that staff consolidation and business consolidation to take place.

I know this probably sounds really harsh but IMO its economic reality with whats coming down the tracks.
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It sounds more than harsh, the reality of what you're saying is basically a collapse of society lol.
 
I don't see a collapse of society, but I do see us going back several decades to when people just worked to put food on the table and keep a roof over their heads.
 
Martini1991 said:
It sounds more than harsh, the reality of what you're saying is basically a collapse of society lol.
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Really, losing pubs and sandwich shops and eateries is a collapse in society?

In that case what would you consider our currency failing as we had taken on so much debt we were having to go to the world bank for a loan count as?

Unless something dramatic changes people are going to really really reassess what they see as important.
 
Uther said:
I don't see a collapse of society, but I do see us going back several decades to when people just worked to put food on the table and keep a roof over their heads.
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Agree. I think it'll have to get a lot worse for a proper collapse
 
R.P.L said:
We might not be so far from that anyway, propping up pubs or not.
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The west is drunk on cheap debt after a massive 13 year binge but now its the day after and the hangover is insane. Yields are rising rapidly in the west making debt unaffordable due to the sheer scale of it. Inflation is out of control and real interest rates are actually negative compared to inflation. So in my eyes the 'reset' has to be a normalisation of interest rates and debt. I see two options, severe pain or severe pain that lasts longer. We will choose the second and lurch from crisis to crisis.
 
Don't forget folks, we are still in the denial stage or whatever so just like every black swan things will become clearer over time.

I do see hospitality, real estate services, leisure and anything with a big oven/heater as going through a substantial contraction on power alone an that's before you get to the consumer side of the reccession.
 
200sols said:
The west is drunk on cheap debt after a massive 13 year binge but now its the day after and the hangover is insane. Yields are rising rapidly in the west making debt unaffordable due to the sheer scale of it. Inflation is out of control and real interest rates are actually negative compared to inflation. So in my eyes the 'reset' has to be a normalisation of interest rates and debt. I see two options, severe pain or severe pain that lasts longer. We will choose the second and lurch from crisis to crisis.
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Agreed. I've always had the feeling that we only kicked the can down the road post-2008, given that we never really had a sustained period of normal monetary policy. I've argued for a long time that central banks should have significantly reduced control over money supply and interest rates, but I don't see anything significant changing in that respect (I have heard Liz Truss saying that she intends to revisit the BoE mandate, but I learnt long ago to take what politicians say with a pinch of salt).
 
Mercenary Keyboard Warrior said:
Really, losing pubs and sandwich shops and eateries is a collapse in society?

In that case what would you consider our currency failing as we had taken on so much debt we were having to go to the world bank for a loan count as?

Unless something dramatic changes people are going to really really reassess what they see as important.
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I think it's far more broad the type of businesses that are going so suffer

My town will probably be absolutely decimated by what it is to come.

Then what's the point of anything basically at that point is where I'm currently sat.

Where's my employer (College) going to get the money to pay like a 5+ fold in energy, our income is pretty much stagnant, and that's meant we've got stagnant wages too etc.
 
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