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price cap could reach £6000 in April 2023
Trying to imagine a scenario where this happens and they don't do something universal to mitigate it.
Howard-
If Truss is in power I’d half expect her to raise the cap further, party of business etc etc.
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Where there's an actual shortage I guess. If there's not enough gas to go round horrendous prices are one way to get people to limit their usage. Pure speculation/cynicism but I feel like this could be one reason next to no help has been forthcoming so far
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I think it is nailed on that they will intervene in the domestic market but the commercial market is grim, SME's face uncapped bills and are seeing 5 fold increases along with other inflationary pressures that they can't afford but the Government can't afford to intervene in in any meaningful way, as it would cost multiples of what furlough did
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A part of me would be fascinated to see what happens to society in the UK if prices go as bad as has been predicted without any state help. Collapse of social fabric, Mad Max in the streets etc..
dancing james
frankenbike
greentricky
Jameo
Liz truss getting flippy floppy
Energy handouts