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cost of living

Posted: Fri Sep 2, 2022 12:54pm
341 replies7039 views17 members subscribed
Boca J

Boca J

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I keep hearing about cost of living crisis in UK, yet I don't see any of it here in Spain. The recent increase in food prices has not had much impact for me, my water bill is the same, my electricity bill has reduced, to my surprise.

It would be interesting to know if anyone in Spain or in UK has been significantly affected by cost of living.

Herefordjack

Posted: Fri Sep 2, 2022 1:44pm

Herefordjack

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Posted: Fri Sep 2, 2022 1:44pm

There have been significant increases in basics like food and fuel here in Spain, but nothing like the UK 

You also get the impression that the government here are doing their best to cushion the effects for the population, unlike the UK.

Boca J

Posted: Fri Sep 2, 2022 1:57pm

Boca J

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Posted: Fri Sep 2, 2022 1:57pm

Herefordjack wrote on Fri Sep 2, 2022 1:44pm:

There have been significant increases in basics like food and fuel here in Spain, but nothing like the UK 

You also get the impression that the government here are doing their best to cushion the effects for the population, unlike the UK.

Is it true that energy prices will increase by another 80% from next month ?

Paolo51

Posted: Fri Sep 2, 2022 3:23pm

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Posted: Fri Sep 2, 2022 3:23pm

Boca J wrote on Fri Sep 2, 2022 1:57pm:

Is it true that energy prices will increase by another 80% from next month ?

What is the source for this info or is it just scaremongering rumours again.

Boca J

Posted: Fri Sep 2, 2022 3:38pm

Boca J

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Posted: Fri Sep 2, 2022 3:38pm

Paolo51 wrote on Fri Sep 2, 2022 3:23pm:

What is the source for this info or is it just scaremongering rumours again.

The maximum price of energy that companies in the sector can charge to households in the United Kingdom per year from Oct.1 has been fixed at 3,549 pounds ($4,182), an 80 percent increase over the current limit, energy regulator Ofgem announced Friday.

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elinspain

Posted: Fri Sep 2, 2022 4:39pm

elinspain

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Posted: Fri Sep 2, 2022 4:39pm

Hello

 Read what has just been announced  by Spanish PM Pedro Sanchez & posted on twitter regarding reduction of VAT on gas prices from October to end of year       https://www.euractiv.com/section/energy-environment/news/spain-to-temporarily-lower-vat-on-gas-amid-price-hikes/

Elinspain

Kimmy11

Posted: Fri Sep 2, 2022 5:45pm

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Posted: Fri Sep 2, 2022 5:45pm

Boca J wrote on Fri Sep 2, 2022 3:38pm:

The maximum price of energy that companies in the sector can charge to households in the United Kingdom per year from Oct.1 has been fixed at 3,549 pounds ($4,182), an 80 percent increase over the current limit, energy regulator Ofgem announced Friday.

Hi Boca J,

That's correct and, today, Good Law Project has announced that it's filing two court cases against Ofgem, in the High Court in London and the Court of Session in Edinburgh, for failing to protect those placed at risk of hardship by the price cap rises that Ofgem is responsible for authorising.  GLP is concerned that Ofgem appears not to have given due consideration to the idea of imposing a social tariff or a variable cap, which would have provided lower prices to those who need them most.  The proceedings ask Ofgem to commit to conducting a proper impact assessment and to explain why it rejected the idea of a social tariff.

Of course, the eye watering increases in energy prices are a worldwide issue, but the UK is one of the richest countries in the world and it seems unbelievable that its regulator isn't doing more to help those for whom the Government appears to have little regard.  That a non-profit organisation has to be taking this action to hold the regulator to account is even more staggering.

Kind regards,

Kim

Boca J

Posted: Fri Sep 2, 2022 6:47pm

Boca J

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Posted: Fri Sep 2, 2022 6:47pm

Kimmy11 wrote on Fri Sep 2, 2022 5:45pm:

Hi Boca J,

That's correct and, today, Good Law Project has announced that it's filing two court cases against Ofgem, in the High Court in London and the Court of Session in Edinburgh, for failing to protect those placed at risk of hardship by the price cap rises that Ofgem is responsible for authorisin...

...g.  GLP is concerned that Ofgem appears not to have given due consideration to the idea of imposing a social tariff or a variable cap, which would have provided lower prices to those who need them most.  The proceedings ask Ofgem to commit to conducting a proper impact assessment and to explain why it rejected the idea of a social tariff.

Of course, the eye watering increases in energy prices are a worldwide issue, but the UK is one of the richest countries in the world and it seems unbelievable that its regulator isn't doing more to help those for whom the Government appears to have little regard.  That a non-profit organisation has to be taking this action to hold the regulator to account is even more staggering.

Kind regards,

Kim

When did this government take any notice of people in need ? The more reason for people to join "Don't Pay UK" campaign. I know I would if I was still there. We probably don't know how lucky we are to be living in Spain. Here the government cares for its people. 

I believe EU has set a price cap on energy prices, and Spain gets EU funding to subsidise gas & electricity production. This is probably the reason my electricity bill has gone down.

I wonder if UK government has explained to its people that this sharp rise in energy prices is one of the benefits of Brexit.

Paolo51

Posted: Fri Sep 2, 2022 6:53pm

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Posted: Fri Sep 2, 2022 6:53pm

Boca J wrote on Fri Sep 2, 2022 3:38pm:

The maximum price of energy that companies in the sector can charge to households in the United Kingdom per year from Oct.1 has been fixed at 3,549 pounds ($4,182), an 80 percent increase over the current limit, energy regulator Ofgem announced Friday.

I thought you were asking with reference to Spanish energy prices hence my reply, obviously talking at cross purposes.

aitchc1401

Posted: Sat Sep 3, 2022 10:37am

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Posted: Sat Sep 3, 2022 10:37am

Kimmy11 wrote on Fri Sep 2, 2022 5:45pm:

Hi Boca J,

That's correct and, today, Good Law Project has announced that it's filing two court cases against Ofgem, in the High Court in London and the Court of Session in Edinburgh, for failing to protect those placed at risk of hardship by the price cap rises that Ofgem is responsible for authorisin...

...g.  GLP is concerned that Ofgem appears not to have given due consideration to the idea of imposing a social tariff or a variable cap, which would have provided lower prices to those who need them most.  The proceedings ask Ofgem to commit to conducting a proper impact assessment and to explain why it rejected the idea of a social tariff.

Of course, the eye watering increases in energy prices are a worldwide issue, but the UK is one of the richest countries in the world and it seems unbelievable that its regulator isn't doing more to help those for whom the Government appears to have little regard.  That a non-profit organisation has to be taking this action to hold the regulator to account is even more staggering.

Kind regards,

Kim

Kim,

   the UK government has a raft of support measures to help with cost of living and energy cost increases. If you look at the attached link and click on the Help With Energy Bills you will see what is already being given for energy specifically. There are discussions to provide more help with energy cost, a urgent need given the large increases coming in from October.

https://helpforhouseholds.campaign.gov.uk/?utm_campaign=H4H_UK&utm_medium=Search&utm_source=Google&utm_content=Generic&gclid=CjwKCAjw9suYBhBIEiwA7iMhNBrZ5M-47rw1gzaJCzA3ffGoWm7Iyua1TSuw_JWF6h8mqL6jEr-bcBoCadgQAvD_BwE&gclsrc=aw.ds

 I don't disagree that OFCOM should be doing a better job, though I do not see what benefit will come from the GLP taking them to court in England and Scotland. 

Rgds,

Aitch. 

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