Energy Cliff-Edge Threatens Thousands of British Businesses
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Рік томуThe end of the UK government’s energy support scheme threatens thousands of businesses. One bakery’s struggle illustrates why analysts anticipate a wave of insolvencies across the country.
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@jayd8743 Рік тому
To put this in perspective... A school I know had a gas bill three years ago of £35k for the 38 weeks teaching per year. It's bill now is £155k for the same 38 weeks that the students are in school. Same usage, if not less due to better insolation and new windows, but a bill that's just massive. So that's show you how much things have gone up, and we're not even in the private sector.
@johnbash-on-ger Рік тому
If they haven't installed a heat pump already, they should get on it stat!
@johnbash-on-ger Рік тому
@@Charlie-gf4mv Then build a new school!
@Marat_2023_Husnutdinov 11 місяців тому
I don't know why the price of electricity has gone up so much? In Russia, electricity costs the same as in previous years!
@majdavojnikovic 11 місяців тому
@@Marat_2023_Husnutdinov nobody knows that. It is a great mistrery, that noone want to know.
@islandpersuasion4690 11 місяців тому
@@Marat_2023_HusnutdinovI hope you're being sarcastic.
@spazzypaddy Рік тому
But it’s record profits over at Shell, BP, and Exxon
@theiceandsnow3998 11 місяців тому
Same with the banks.
@salkoharper2908 11 місяців тому
Yes, ultimately that is where a huge percentage of Britains wealth has been funneled into. The large energy corporations like Shell, BP, etc. This is the Government policy the people of this island voted for consitantly for 13+ years though. Not sure why so many are surprised now. The Conservative party were always pro 'Big business'.
@danielvalentino9367 9 місяців тому
No, UK just implemented windfall profit tax
@claudiamariebermudez6727 11 місяців тому
Unfortunately small businesses are deeply affected by inflation
@nicktw8688 11 місяців тому
Consequences of Brexit and a decade of Tory rule.
@johnvonhorn2942 Рік тому
And yet natural gas prices on the world market are slightly lower than they were five years ago.
@Knifeys Рік тому
Dutch TTF is back at july 2021 levels. The energy crisis/cost of living squeeze should be coming down with it but eh...
@ssuwandi3240 11 місяців тому
The problem is gas storage.. which means nobody is buying when storages are still full Pipelines run 24/7
@ravenblack2262 11 місяців тому
Being done by design.
@theiceandsnow3998 11 місяців тому
You are wrong. It's because of Putin and climate change ;)
@IrhaSiAl 11 місяців тому
Welcome to the system
@888ssss 11 місяців тому
money printing from 2003
@vickimarlene4905 9 місяців тому
The price of electricity & gas here in Oz is getting ridiculous too. How do they expect people to pay for it. Gas and power go up….next everything else goes up yet again. Something has to stop.
@andrewallen9993 11 місяців тому
At least you actually HAVE electricity in South Africa the ANChave broken the electricity supplier till there is no electricity for 10 hours a day recently.
@christinal3041 11 місяців тому
I know what he meant, I feel the same about my business! Feels so scared and I had a panicked attack in February, but I’m just prying so everything will be ok
@einseitig3391 11 місяців тому
Snap. I panicked and sold my car to meet the quarterly gas bill. I have to ensure I meet my daily profit target. No chance I will sleep well ever again.
@rootpotato Рік тому
If those in power had provisioned in earnest for home grown energy solutions instead of filling their own pockets, making their friends rich, and digging themselves out of scandal after scandal after scandal . . . Maybe, just maybe, we wouldn't be in this terrible situation.
@alexandarvoncarsteinzarovi3723 11 місяців тому
Dont worry buddy, you me, countless other, regular joes, nerds and scientist will be uplifted whne the aI takes over,
@SevenEllen 11 місяців тому
Here here!
@magesalmanac6424 11 місяців тому
The only constant in government is greed.
@Mossyz. 11 місяців тому
100% agree
@kevinheath7588 11 місяців тому
Problem is we have more and more inequality, so more and more people are being forced out of being able to afford products producers bring to market. Each customer who falls into poverty is another customer businessess lose.
@tomj528 11 місяців тому
Terrible that forces outside the control of ordinary citizens can upend a multi-generational business. It's a changing world however and survival of the fittest is a cruel master.
@vikas274 11 місяців тому
I hope UK and US will stop meddling in other countries and focus inside.
@rockpadstudios 11 місяців тому
they voted for it
@JesterEric 11 місяців тому
Not sure how the milk price has risen 40% and at the same time the price paid to a farmer has fallen 30%
@davidstrelec2000 11 місяців тому
Where did milk rise by 40%? I have experienced a 70% increase in tesco.
@karenmbbaxter 11 місяців тому
It won't answer a lot of their problems but I hope The Devonshire Bakery serves Devonshire Tea.......who wouldn't want to go to a bakery where Devonshire Tea got it's name from and have fresh scones? It's like eating Pizza in Naples.
@starvingbymidnight 11 місяців тому
Tories plan was devolved small businesses and favour for big corporations.
@yofinance1777 11 місяців тому
The grants and help through Covid prove this was not the case. Gas is more as we stuck with the dollar / USA and not BRIC nations paying Russia in their currency. Wake up and stop reading daily mail
@majd_shoots Рік тому
Wow... The workers are almost entirely made up of older people! The europe is truly different from other places in the world
@Entertainment- Рік тому
Not EU
@majd_shoots Рік тому
@@Entertainment- ahhhhhhhh 😂 You got me there 😜
@elipa3 11 місяців тому
The UK isnt a member of the EU anymore. Did you miss brexit?
@Willburys 11 місяців тому
This Desaster you can see all in Europe!
@guff9567 Рік тому
Westminster is NOT FIT FOR PURPOSE
@khensley7057 11 місяців тому
The Devonshire bakery has some amazing looking treats! 😊
@lawontrial 11 місяців тому
There should be far more support for SMEs generally.
@farazvfx 11 місяців тому
This is what happens when the gov rigs the energy markets with oil companys. You voted for this
@ellazanardi1726 11 місяців тому
It's a squeeze
@rochester212 10 місяців тому
Don't worry brits, Boris and Nigel will sort things out, like they always do!
@michaelyao57 11 місяців тому
thanks America, infinity QE, helicopter money, finally we realize what is money, just a piece of rubbish
@id10t98 11 місяців тому
As soon as the real owners of the world can crush all the small businesses then prices will drop some more.
@poppin2249 11 місяців тому
Energy providers are making out like bandits. It’s disgusting.
@davidk6264 Рік тому
Wage price increases affect businesses, but workers somehow have less money to buy from these businesses. Oil prices are down in 2023, but electricity expenses are up, UK gas comes from their own reserves from the north sea, and they use Nuclear and wind for electricity. And no one can make the excuse of supply chain issues anymore so commodities shouldn't be expensive. This situation makes no sense.
@iwasntaguntilimovedouttheh3961 11 місяців тому
You are spot on, why are the Government not limiting profits of energy companies? Like they have done in other EU countries.
@majdavojnikovic 11 місяців тому
It does make sense if you observe the direction in which the wealth is moving. People don't realise that we are going back to slavery. Your debt and no opportunity are going to be your chains. We are deeply divided, vertically
@remoir6273 Рік тому
UK was able to survive ww2 by starving bengalis. Now, that it no longer have colonies, i don't know what will happen
@jsamg2120 7 місяців тому
British Gas made a huge profit..
@elipa3 11 місяців тому
Well, energy prices are going down here in Germany. But of course, we dont have to pay for shareholders and CEOs.
@carlagarrett8584 10 місяців тому
offer less expensive treats, and make smaller of everything else only goes so far. What will happen when people cant afford a crust of bread??
@marcielynn4886 10 місяців тому
Off the grid in Hawaii for 22 years. Can you imagine how much money I saved?
@sps6 11 місяців тому
time to move on from Uk..usa calls
@SevenEllen 11 місяців тому
Noooooooooo! Groceries are DOUBLE the price compared to here, and we'd all be kissing the NHS goodbye. Do you want to pay to save your own life? You have to pay for a mere ambulance to drive you to hospital.
@okamsug 11 місяців тому
It’s not new. The economy is always a cycle, it goes up and it goes down. We all know this already if you live long enough.
@kevinwilde 11 місяців тому
it's always the working-class wages to blame, stop two bob wages and poverty pay along with zero hours, reduce unjustifiable management lavish incomes.
@WallyTony 10 місяців тому
I thought this was going to be about Cliff Bars because you showed bread. I don't know why.
@markjackson9827 11 місяців тому
My friend has a small engineering business, hes has gone up from 16k a year to 75k, he was a Tory, hes certainly not now and I doubt he ever will be again!!
@littlegesto5320 11 місяців тому
May I suggest the UK invest in a pipeline to get cheap gas from... Russia.
@jimmorris5700 11 місяців тому
All human made energy in a year is less than 1 hour of sun on earth !
@antoniostamndley8272 11 місяців тому
Surely, ( depending on location), diesel generators, would be more cost effective I have 100 kW 15oo rpm unit also grid tied inverter, no batterys or pannels needed,, this costs less than £2500 per month forced to see energy will become more expensive year on year, purchased all units abroad at half the cost of Uk suppliers , euro electrician, fitted servicing is easy, like a car ,
@christopherrichardwadedett4100 11 місяців тому
Oatmilk and flax eggs
@MKiurinuRigold 11 місяців тому
Yeah demand for goods are dropping
@xila464 9 місяців тому
The new dogma: don't blame Brexit, and don't blame Ukraine.
@HenkRijn-rc3vf 11 місяців тому
I pay much more for my Breath, drinks whatever.
@galaer6625 10 місяців тому
Do you really need sanctions against Russia? 🤣🤣🤣
@888ssss 11 місяців тому
i make romantic cakes and the cost of electric for the baking process has meant cut backs in romantic cake making staff.
@FarObserver 8 місяців тому
STOP. THE. GREEN. NONSENSE.
@aritragupta4182 Рік тому
Would rolling back some of the sanctions on Russia and forcing energy companies to cut rates help?
@aPizzaStainedSlob Рік тому
the problem was already there before russia invaded, the UK is just a cursed land stuck in economic stagnation
@c9bd415 Рік тому
yes but energy companies wouldnt lower their prices, they'd just take the bigger profits
@iwasntaguntilimovedouttheh3961 11 місяців тому
@@c9bd415 In other EU Countries the Government as limited the profits energy companies are allowed to make. The Government could very easily make energy costs drop, it's all about who the Government is really representing.
@annalehman93941 11 місяців тому
They'r blast off The North stream so you can tell they don't want cheap gas and low prices
@Lexrolla-1 11 місяців тому
4 500 thousand dollars!? Whagta useless old pile mostly unusable garbage!!!!
@matricci2256 10 місяців тому
Congratulations on Brexit success 🎉🎉🎉
@007thematrix007 Рік тому
furst ..... not furst!
@mamatrain100 11 місяців тому
Y'all wanted brexit.
@marcoantoniolopez-ym6be Рік тому
All the world will face this situation, the big companies will win this crisis but they will change their way of selling maybe they will replace selling for rent services.
@Andy-hk4wn 11 місяців тому
UK is one of the wealthiest countries in the world, so there is nothing to complain about.
@guff9567 Рік тому
Why have none of our lawyers surs the government? PATHETIC
@incognitotorpedo42 Рік тому
I assume you mean "sued". My question is "For what?" For Putin's illegal invasion? For Covid? The government didn't cause either of those.
@eddieyang7970 Рік тому
How can small businesses contribute 99.9 of all businesses, seriously how can I trust anything else she says. Very misleading.
@OurLegacyGaming Рік тому
A simple google search would find that the statement of small and medium size businesses was accurate. You're not looking at the larger context properly
@fallout560 Рік тому
It's total number of businesses. McDonald's has many locations, but it's 1 business. 50 Chinese takeaways, for comparison, is 50 different businesses
@incognitotorpedo42 Рік тому
It's because the definition of "small business" is actually gigantic. "Small" businesses can be worth billions of dollars and employ multiple hundreds of people. The mom & pop businesses that people think of as "small business" are barely visible. Then there's "medium" sized businesses, which are gargantuan.
@iwasntaguntilimovedouttheh3961 11 місяців тому
It's the number of businesses, she stated the contribution to GDP afterwards it was around 50%.
@iambrian769 Рік тому
Embrace The Challenge 💪🙌
@JohnAlvarado-th7tt 11 місяців тому
😭😭
@simonlee6688 11 місяців тому
Get a battery and solar panels. Sorry gas no longer is cheap from Russia.
@maxasaurus3008 8 місяців тому
First, that reporter Sabah Meddings, the silver highlighting in her hair is incredible: I never see that in youngish looking women, bravo! Secondly, Tesco’s loaf is a completely different product I’m sure, hard to compare but I hope things turn around. I call myself an Anglophile- I’m Cheering for you cousins! ❤
@ohiosbestpeach770 11 місяців тому
Whatever you guys are doing for energy isn’t working so go back to what you used to do.
@teresaalford5978 10 місяців тому
NO ONE WEARING GLOVES!!!!!!!!!! I WOULD NOT SHOP THERE! Makes me cringe!!!!!
@ririgala1741 11 місяців тому
But that's a month. Not per day or per batch or per piece. So why do you have to increase that much on price for retail?? When your per pc increase is only so little?? Because you think we can't do math?? Because you still want your profit at the same level, whatever it may cost your consumers?? Give me a break.
@SevenEllen 11 місяців тому
Yet far less customers will buy bread that costs £3.00 if they can get it for £1.25 in a supermarket.
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