Exeter, UK
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Not all that much...
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The bad: the Budget contained no significant tax reforms, and almost nothing in the way of pro-growth measures. The capital allowance change will reduce business investment - it's positively anti-growth.
The bad: the Budget contained no significant tax reforms, and almost nothing in the way of pro-growth measures. The capital allowance change will reduce business investment - it's positively anti-growth.
Everyone will be worse off from the frozen income tax thresholds (even pensioners on full state pension)
Few are going to benefit enough from the retail policies to be net better off
I've not found any pro-growth reforms yet
Everyone will be worse off from the frozen income tax thresholds (even pensioners on full state pension)
Few are going to benefit enough from the retail policies to be net better off
I've not found any pro-growth reforms yet
The Energy Company Obligation streamed money from bill payers to measures that improve the ability of low-income, fuel-poor and vulnerable households to heat their homes.
Not clear if anything is replacing the lost funding
The Energy Company Obligation streamed money from bill payers to measures that improve the ability of low-income, fuel-poor and vulnerable households to heat their homes.
Not clear if anything is replacing the lost funding
"...a new mileage-based charge on electric and plug-in hybrid cars from April 2028 at around half the fuel duty rate paid by drivers of petrol cars (raising £1.4bn)"
Fuel duty on petrol and diesel is currently 52.95p; I actually calculated the EV mileage charge at 26p but rounded down
Let that sink in.
Brilliant 🤦.
"...a new mileage-based charge on electric and plug-in hybrid cars from April 2028 at around half the fuel duty rate paid by drivers of petrol cars (raising £1.4bn)"
Fuel duty on petrol and diesel is currently 52.95p; I actually calculated the EV mileage charge at 26p but rounded down
The map on the right shades by median house prices.
Very different maps. That's the problem with council tax.
The map on the right shades by median house prices.
Very different maps. That's the problem with council tax.
Let that sink in.
Brilliant 🤦.
Let that sink in.
TWENTY TWENTY-EIGHT. Two years. Two years to make a simple tax change.
TWENTY TWENTY-EIGHT. Two years. Two years to make a simple tax change.
Literally the opposite; as if putting a 12 lane motorway into a tunnel or a tight S bend is easier than building a shorter runway instead
Literally the opposite; as if putting a 12 lane motorway into a tunnel or a tight S bend is easier than building a shorter runway instead
Latest on biodiversity net gain here:
www.thetimes.com/uk/environme...
Brilliant 🤦.
Brilliant 🤦.
The last person to make such a cut was David Cameron, when he told ministers to "cut the green crap"
–Income tax threshold freeze extension
–Income tax rate rise
–Council tax changes
–Cash ISA allowance reduction
–EV road pricing
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#r4today
The last person to make such a cut was David Cameron, when he told ministers to "cut the green crap"
People seem to be slowly forgetting just how unforgiving and devastating nuclear can be.
People seem to be slowly forgetting just how unforgiving and devastating nuclear can be.
–Income tax threshold freeze extension
–Income tax rate rise
–Council tax changes
–Cash ISA allowance reduction
–EV road pricing
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#r4today
–Income tax threshold freeze extension
–Income tax rate rise
–Council tax changes
–Cash ISA allowance reduction
–EV road pricing
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#r4today
The first event will be held in the Digital Maker Space in the Forum library at the university, 11am to 3pm Tuesday 25 November (it's open to everyone)
Clothing repairs, small electrical repairs 👍
The first event will be held in the Digital Maker Space in the Forum library at the university, 11am to 3pm Tuesday 25 November (it's open to everyone)
Clothing repairs, small electrical repairs 👍
We only know this because Democracy for Sale won a two-year legal fight to force the government to hand over the documents.
democracyforsale.substack.com/p/victory-we...
We only know this because Democracy for Sale won a two-year legal fight to force the government to hand over the documents.
democracyforsale.substack.com/p/victory-we...
Heat pumps typically have an efficiency of 300-400%, i.e. they cut the price of heating by electricity by 3-4x.
Heat pumps are now more expensive to run than boilers ☹️
Meanwhile the unit price of gas has *fallen*.
The opposite of what we want!
From 1 Jan ⚡ goes up just over 1p; 0.35p of that is the new nuclear levy. ⚡ will be 27.7p per kWh, up from 26.4p.
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Heat pumps typically have an efficiency of 300-400%, i.e. they cut the price of heating by electricity by 3-4x.
Heat pumps are now more expensive to run than boilers ☹️
About a third of coal consumption is not for electricity, and
–about half of that is for iron/steel
–the rest breaks down fairly evenly between cement, chemicals, and heat
About a third of coal consumption is not for electricity, and
–about half of that is for iron/steel
–the rest breaks down fairly evenly between cement, chemicals, and heat
Meanwhile the unit price of gas has *fallen*.
The opposite of what we want!
From 1 Jan ⚡ goes up just over 1p; 0.35p of that is the new nuclear levy. ⚡ will be 27.7p per kWh, up from 26.4p.
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Meanwhile the unit price of gas has *fallen*.
The opposite of what we want!
From 1 Jan ⚡ goes up just over 1p; 0.35p of that is the new nuclear levy. ⚡ will be 27.7p per kWh, up from 26.4p.
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#GSIExeter #COP30 #ClimateAction
#GSIExeter #COP30 #ClimateAction