Matthew Addison

red light spells danger

snapchat addy-10

[Prem Sikka @premnsikka]

British Gas operating profit increased TEN FOLD from £72m to £751m

Ofgem/Govt helped it pick pockets of captive customers.

People struggling to heat and eat, no curbs on profiteering, exec pay, dividends and share buyback.

Nationalise energy.
https://t.co/VucIurdyea

[Trades Union Congress @The_TUC]

Over the last 13 years, NHS waiting lists have more than tripled.

This is how it happened.

[Martin Lewis @MartinSLewis]

The headline: New 5% higher price cap means people will pay more this Jan THAN ANY WINTER BEFORE.

New 3mthly Price Cap Figures: From 1 Jan you'll pay 5% more on average (every £100 paid now goes to £105). For direct debit on average across UK:

ELEC: Unit rate: 28.62p/kwh (currently 27.35p) so up 4.6%. Standing charge unchanged at 53.37p
GAS: Unit rate: 7.42p/kwh (currently 6.89p) so up 7.6%. Standing charge unchanged at 29.6p7p

So bigger rises for gas households than electricity and proportionately bigger for higher users (due to impact of unit rates).

Yet the reason you'll pay so much more is as last winter every home got £66/mth govt reduction. You don't have that this winter. So while Oct 'inflation dropped due to cheaper energy bills' - that ignores the missing govt support, in reality we're paying more for energy...

For a home on typical use (meaningless figure but good for illustration)...

Jan 2023: £2,380/yr
Jan 2024: £1,928/yr

So per month (not seasonally adjusted)
Jan 2023: £198/mth
Jan 2024: £160/mth

Now factor in govt support
Jan 2023: £198 - £66 = £132/mth
Jan 2024: £160/mth

In other words a typical home pays £28/mth more this winter, or factor in seasonal adjustments due to high winter use and as a back of envelope calculation it is more like £45more.

[Matthew Addison @matthew1addison]

@ScottMcCrea20 🤡

[Trades Union Congress @The_TUC]

E.ON have announced profits of £4.9BILLION for the first 6 months of the year.

That's £27,071,823 a day.

£18,800 a minute.

It's an increase of 40% on last year.

Obscene.

[Prem Sikka @premnsikka]

British Gas’ profits are expected to reach record levels due to Ofgem’s increased energy price cap.

Analysts predict between £687m and £857m, compared to £98m in 2022.

Profits made by picking our pockets. Ofgem/Govt does nothing to curb profiteering.
https://t.co/g2rA23dySp

[Matthew Addison @matthew1addison]

@UtdPlug @SunSport @Connorholliday3

[Feargal Sharkey @Feargal_Sharkey]

This is an E. coli sample from the River Deben in Suffolk. Taken 1 month ago. There should be no more than 9 blue dots on the whole dish.

How many can you count?

[Matthew Addison @matthew1addison]

@CyclistAttitude 🤡

[Matthew Addison @matthew1addison]

@OliLondonTV @ScottMcCrea20

[Trades Union Congress @The_TUC]

NEW 🚨 | Households will be £700 worse off from April thanks to further hikes to bills.

Wages are down and bills are up. When is this government going to come up with decent solutions?

[Marina Purkiss @MarinaPurkiss]

This Panorama is explosive…

We are now the poorest country in N.Europe

The av Brit is 60% poorer than av American

We’re suffering a national pay cut that is years in the making

Exacerbated by Brexit

…& this lying Govt is blaming Putin and Covid.

https://t.co/ORVf9Vmcx0

[Matthew Addison @matthew1addison]

@ScottMcCrea20 Left his legacy

[Matthew Addison @matthew1addison]

@piersmorgan You are a 🤡

[Matthew Addison @matthew1addison]

@markjenkinsonmp 🤡

[Matthew Addison @matthew1addison]

@KEdge23 🤡

[Matthew Addison @matthew1addison]

@BestForBritain 🐷

[Sky News Breaking @SkyNewsBreak]

British Gas owner Centrica reports record annual profits of £2.8bn last year

Up seven-fold from £392m in 2021

For more on this and other news visit https://t.co/NEDMP2uP6W

[Tim Burgess @Tim_Burgess]

British gas has tripled its profits to over £3bn - and they told us that energy prices were hiked because of the war in Ukraine. Ever get the feeling that we’re being mugged?