Gas Prices

[BillyStubbsTears]

Or man who holds the purse strings states facts?  He's not the only one saying it.

Man who holds the purse strings?

That'll be the purse that has been filled to bursting by Putin's War.

I'm reading a book on the economic history of WWII. I hadn't realised that Churchill's Govt imposed taxes of 60% on the excess profits of companies that made those excess profits out of the contracts that Govt gave them for munitions supply.

If we did that to Ratcliffe's profits now, it wouldn't be his decision where to invest the money he hasn't earned. It would be the nation's decision. Just as it was in 1940.

[Branton Red]

Man who holds the purse strings?

That'll be the purse that has been filled to bursting by Putin's War.

I'm reading a book on the economic history of WWII. I hadn't realised that Churchill's Govt imposed taxes of 60% on the excess profits of companies that made those excess profits out of the contracts that Govt gave them for munitions supply.

If we did that to Ratcliffe's profits now, it wouldn't be his decision where to invest the money he hasn't earned. It would be the nation's decision. Just as it was in 1940.

Billy

I'm reading a biography of Churchill currently.

You might be interested to know that % was 80% in the First World War and as Minister of Munitions towards the end of the war Churchill (then a Liberal) argued in favour of increasing it to 100% but the proposition was rejected by the Tories in the coalition.

[turnbull for england]

Investment in renewables?  Like Man Utd ?

[albie]

Martin Lewis on the Energy Price Cap;
https://twitter.com/MartinSLewis/status/1661683158981697542?cxt=HHwWjIDTxe6Bvo8uAAAA