Budget 2014

[biffvernon]

"Extract every drop of oil we can" George Osborne, Climate Change Denier.

[PS_RalphW]

Petrol

Planned rise scrapped

Knock me over with a feather.

[emordnilap]

Friends of the Earth economics campaigner David Powell says it was "dirty business as usual in this year's Budget". "Merely weeks after promising action on flooding and global warming, the best the chancellor can manage is a U-turn on his own reckless flood defence cuts, and caving in to big business lobbying on pollution tax."

[emordnilap]

George Osborne, Climate Change Denier.

Welsh businesses with very high energy bills, such as Tata Steel in Port Talbot, are in line for compensation under a key announcement in the Budget.

[adam2]

A penny off beer though a small step in the right direction.

Petrol duty frozen, regretable but unavoidable if they hope to get re-elected.

Some form of grant or rebate for energy intensive companies like steel making. POSSIBLY justified as steel making is otherwise simply exported to China with loads of cheap coal.

Forgery resistant new style of pound coin, good ! but what about the human rights of the forgers ? will they get grants for alternative money making schemes. On line retailing of food preperation areas perhaps.

[PS_RalphW]

Nevan's Ice blog has been targeted by the same bunch.

I sincerely hope that my cross posting to that excellent site didn't lead the spammers in his direction. I could never forgive myself.

[RenewableCandy]

I didn't think they were hoping to get re-elected. On the grounds that they know what's coming!

[clv101]

This is a very 'Tory' budget. Increase ISA allowance to £15k? Only benefits those able to save loads. Increase income tax allowance to £10.5k? Only benefits those earning at least that. 4% bond for over 65s? Reduced tax on pension withdrawals? Have to have savings in first place! What's in this budget for the poor and out of work folk who are in the most need?

[Blue Peter]

This is a very 'Tory' budget.

I don't know how you can say that Chris. This is clearly a budget intended to help hardworking people do more of the things they enjoy:

It's not a spoof


Peter.

[PS_RalphW]

http://www.theguardian.com/business/eco ... -tax-break

Tucked away in the budget's red book is an innocuous-looking line that Enterprise Investment Scheme (EIS) tax breaks will no longer be available for companies benefiting from the renewables obligation certificate (ROC) scheme or the renewable heat incentive (RHI).

Of these, the ROC scheme is the big one. It underlies all the big wind, solar and other renewable technologies in the UK. The EIS tax breaks are available to investors who put money into all sorts of start-up companies. Until now that has also included firms building wind and solar farms. Now, after royal assent to the legislation in July, it will not be.

The man should be shot.

[biffvernon]

The man should be shot.

Ha! they're right: http://climateandsecurity.org/2014/03/2 ... ange-risk/
Peace and Conflict: The Unique Urgency of the Climate Change Risk

[RenewableCandy]

But, nobody who plays bingo actually works! They're all pensioners...

[biffvernon]

All part of the plan; it's an old people's budget.

[biffvernon]

[fuzzy]

A penny off beer though a small step in the right direction.

Petrol duty frozen, regretable but unavoidable if they hope to get re-elected.

Some form of grant or rebate for energy intensive companies like steel making. POSSIBLY justified as steel making is otherwise simply exported to China with loads of cheap coal.

Forgery resistant new style of pound coin, good ! but what about the human rights of the forgers ? will they get grants for alternative money making schemes. On line retailing of food preperation areas perhaps.

I used to work in support of the steel industry for nearly 10 years. As I understand it [without having the full picture] the viablity of steelmaking in the UK swings dramatically depending on material cost and energy cost, but it's always insecure. Engineering steel is arc melted and is sensible in the UK as we have so much cheap scrap from all our car imports etc. However we have no iron ore and UK coal is pretty rare. We have no integrated works where cars are made straight from the foundry which would save energy costs of remelting. No-one would build a huge plant like that in the UK. The biggest steelworks was S Korea [may have changed] based on australian coal and ore. It does ore in to cars etc out.