The UK “Price Cap” and forecast keep outdoing even the worse case scenarios, but finally the crisis is so calamitous that the UK Conservative Party are even talking of allowing fracking.

As the Wall Street Journal puts it: Household energy bills were expected to rise 40% this autumn, but on Friday the government regulator announced they’ll leap 80% in a single bound. (Who would have guessed that socialist price fixing would fail to cap the price?)

The current energy costs have just risen again, now “capped” at £3,549 per household, a horrible $4,200 USD or $6,000 Australian. But the future cap is headed for the mesosphere boundary layer at a shocking £7,000 by April. It’s so blisteringly bad that it’s being described as “worse than the GFC” in terms of its impact. It’s so bad, two out of every three Pubs say they are likely to close this winter, with the “monster hikes” to energy prices. That’s despite the Christmas season rush, and hopes that it will be finally free of Covid restrictions. The whole social care system is using the word “collapse” given that the price of a care bed will rise by seven fold thus wiping out their […]