Thread by @RookeJason

Many business people are confused (deliberately by the gvt. in my opinion) by today's announcement, thinking their price cap will be 21.1p/KWh for electicity and 7.5p/KWh for gas. This is the WHOLESALE cap, which is as little as half the charged price.😢
gov.uk/government/new…

My energy broker thinks the actual prices will be around 35p-40p for electricity and approx 12p (ish) for gas. If businesses were previous on good rates, this might still be 3 or 4 times their previous pricing. Many businesses are still in massive trouble.😢

Nothing is being done to address the root causes of the energy pricing rip off - e.g. decades of Net Zero BS policies, speculative wholesale pricing fraud (including electricity prices directly linked to gas), sanctions against Russia, etc.🙄

We are all being scammed, ripped off, taken for fools and our governement is fully complicit if not completely culpable. We should be hauling the politicians over the coals for it all. 😡