From NOT A LOT OF PEOPLE KNOW THAT
By Paul Homewood
You can’t afford a heat pump, and now you won’t be able to afford gas to heat your home:
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From NOT A LOT OF PEOPLE KNOW THAT
By Paul Homewood
You can’t afford a heat pump, and now you won’t be able to afford gas to heat your home:
Subscribe to get the latest posts sent to your email.
So I spend £20,000 to fit a heat pump to my house and save £300 per annum which means I will reach break even point in around 66 years.
Aye, right.
If you’re lucky… They have a quoted lifespan of 15 to 25 years. Make that 5 to 10 years.
That’s with the expensive service agreement along the way.
“I will reach break even point in around 66 years.”
But that’s only taking initial capital cost/savings.
You must also include maintenance & replacement costs,
That means you can never ever reach break even point !!!
You should also include either interest (on a loan), or opportunity cost, what that 20K would have been worth invested in a savings account, CD, or the market vs. a heat pump. At 3% for either, the “cost” is 600 (pounds? euros? dollars?) per year, twice the “savings” even before maintenance and life cycle cost.
300 per annum depends on a stable (aka unchanging) energy cost.
Depending on anything not changing is lunacy.
It is illogical to assume all things remain unchanged.
— paraphrased from Star Trek
I have a feeling our mad Ed is being forcibly sent to the back of the fiscal queue whether he likes it or not. Labour have really made a mess of the economy as a whole and taxes will be rising again later in the year. But the issue isn’t mad Ed’s religion, it’s defence spending; thanks to the White House.
“The wheels have come off Labour’s much-trumpeted Strategic Defence Review after Starmer ditched the pledge to spend 3% of GDP on defence by 2034 – the very target on which the review’s 62 recommendations were based. Recommendations that Starmer has now accepted…
Defence Secretary John Healey was rolled out on the morning round to provide little clarity on the government’s plan. Speaking to Times Radio, Healey refused to guarantee the 3% target, downgrading it to a mere “aim”. Healey then refused to rule out tax hikes to pay for the increase”
https://order-order.com/2025/06/03/healey-refuses-to-rule-out-tax-hikes-for-3-defence-spending-aim/
Starmer and Reeves need an awful lot of money to cover their gross incompetence and those generous public sector pay rises.
“Experts say Chancellor Rachel Reeves will hike taxes again in her Budget this autumn, and it will be a big one.”
https://www.express.co.uk/finance/personalfinance/2063490/rachel-reeves-to-hike-uks-biggest-tax-thinks-we-wont-notice
Of course, a large part of defence spending will now have to cover the Chagos giveaway. Britain is effectively being governed by a cabal of human rights lawyers. China looms large in their thinking and China will be egging Miliband on behind the scenes. Green jobs and all that…
“Chinese manufacturers account for 80 per cent of the global supply of solar panels – and 98 per cent of those already installed in Britain.”
https://www.dailymail.co.uk/news/article-14390927/China-Britains-energy-industry-Ed-Miliband.html
Bottom line, taxes up bigtime, benefits for the disabled, elderly etc cut. Energy costs impacting the poorest the most go up and up.
How middle/upper middle class is that?
“Experts say Chancellor Rachel Reeves will hike taxes again in her Budget this autumn, and it will be a big one.”
So, this one person is in charge of raising taxes for the UK?
When was the last time taxes were lowered in the UK?
When was the last time taxes were lowered in the UK?
Lets put it this way, Tom… Income tax was originally a temporary idea…
Income tax was first implemented in Great Britain by William Pitt the Younger in his budget of December 1798 to pay for weapons and equipment in preparation for the Napoleonic Wars.
Pitt’s income tax was levied from 1799 to 1802, when it was abolished. The Conservative’s leader, Robert Peel, had opposed the unpopular income tax during the election campaign in 1841, but an empty Exchequer and a growing deficit gave rise to the surprise return of the tax in his 1842 Budget.
If the rate does go down, it’s offset by other taxes. So no overall reduction ever is the answer.
In post war Britain, my great grandfather paid 17 shillings on the pound income tax. So taxes have come down in the past.
Labour in the 60’s had some high earners on 98% income tax, hence the departure of the Rolling Stones. Maggie dropped the high rates and later the middle ones, the only PM to reduce the overall tax rate.
Hence the line in the Beatles’ song Taxman “Nineteen for you and one for me…”
How much is that in real money?
It equates to 85% tax rate.
“Income tax” is hard to compare between countries because it depends what your allowable cost deductions are. For example mortgage interest is deductible on the first $750K of mortgage debt in the U.S., while Canadians pay with after tax $, ie no tax deductions for mortgage interest. Theoretically, Canada’s top federal personal income tax rate is 33%, while the US’s top federal rate is 37%. Looks higher, actually lower if you mortgage a medium McMansion.
I hear that her estate has been frozen by the high court pending investigation into tax crimes.
Reparations for the Opium Wars? What went around finally came around.
Watching staged clips of ‘Red Ed’ hobnobbing with the locals always puts me in mind of the studio scenes in any of the “Bridget Jones” movies:
“…, thanks to the White House”
So, it’s the White House’s fault that the British government couldn’t organize a piss up in a brewery?
Take away their plastic hardhats and drop a few bricks on them. It might jar some common sense into them.
No chance, common sense was bred out of most western people several decades ago.
From Nursery to University…
Schoolchildren in the UK are now being taught that Vikings were “not all White” and that some may have been Muslim – Daily Telegraph.
“As part of decolonised history curricula, schoolchildren are now being taught that black people built Stonehenge and that the Roman Emperor Nero married a trans woman.”
https://dailysceptic.org/2025/05/18/schoolchildren-taught-black-people-built-stonehenge/
“The birthplace of William Shakespeare is undergoing “decolonisation” after concerns were raised after the bard was being deployed to promote “white supremacy”.
https://www.gbnews.com/news/shakespeare-birthplace-decolonised-white-supremacy-concerns-stratford-upon-avon
What common sense?
“Schoolchildren in the UK are now being taught that Vikings were “not all White” and that some may have been Muslim – Daily Telegraph.”
In contrast, the Egyptian radical Islamic terrorist who burned innocent Jews in Boulder, Colorado, is being called a “white person” by the American press.
Leftwing propaganda is the bain of the Human Race.
Definition: “What does the bane [bain] of something mean?
Answer: cause of continuous trouble or unhappiness”
The dictionary tells me this is Middle English and the word “bain” is obsolete.
I guess I’m Middle English and obsolete. I don’t care. “Bain” was the first word that came into my mind. Maybe I inherited that tendency from William.
Dictionaries went woke years ago. Their so-called words of the year come from the small percentage of activists etc who are heavily into social media.
“Oxford Word of the Year 2024 is…brain rot
https://www.marthastewart.com/oxford-dictionary-word-of-the-year-2024-8754457
What I call their idea of education.
I’m lost. Is it brain or rot that is Oxford WORD of the year? 🙂
They also say that “nucyuler” is an alternate pronunciation of “nuclear”. I guess Kristi Noem is happy to hear that.
Kristi must be hanging around with George W.
You do not like bricks? How dare you suggest we punish those most vulnerable construction items!
You need to understand it will be the bricks that shatter. The skulls they land on are too think to take damage.
Typo: too thick…
“Will Europe Derail Miliband’s Climate Agenda?
https://dailysceptic.org/2025/06/03/will-europe-derail-milibands-climate-agenda/
Just ask Mini Brain what Net Zero does apart from bring poverty. Answer nothing. We must get Red Ed to accept this or tell us what good it does do. He is absolutely silent on the science. We must pester him until he tells us.
“He is absolutely silent on the science.”
Because … he is absolutely ignorant of the science.
So pestering him won’t get the answer you look for.
Socialist hate normal people. They do everything possible to make their lives even harder. Socialism is poverty forever.
“Socialism is poverty forever.”
… for the majority, who share the poverty equally; with exceptions for a few elites.
Whereas Capitalism gives great wealth to a few, taken from the majority, by fair means or foul.
Socialists have no understanding of economics or they wouldn’t be socialists.
WEF has spoken on this point.
“You will have nothing and you will be happy.”
They are drawn to the tax revenue sources like insects to the light. And there are plenty of success stories for it being used for many unrelated spending objectives, including vote buying.
UK needs another Margaret Thatcher!
Bring in Cate Blanchett to narrate on the lure of tax money and the rings of power.
When I think about what the ultimate fate of Ed Miliband will be, I can’t help but remember what ultimately happened to Mussolini in Italy late in WWII.
The beatings will continue until moral improves.
The insanity will continue until sufficient damage is accrued.
Typo: morale
What scientific and/or engineering qualifications does Ed Milibrain possess? From what I can gather he is the usual art subjects fool who has no clue about how things work.
So, I have two thoughts:
1. Which clueless fools selected him to have such power and so much of our taxpayer funds to force through his educationally sub-normal plans?
2. Is Mr Milibrain surrounded by equally stupid advisers? And if so, who are they and why are they there?
Answer to both questions is pretty much “the usual suspects.”
It is time for all of Britain to wake up and fire Miliband and all leaders like him. How much more damage does he have to do before you do something about it?