On Monday, a week or more too late, the government will consider the high energy prices crisis and the bond market high mortgage rate crisis. They should decide to
1 Lift the bans on new UK oil and gas production.
2.Encourage offshore and onshore gas exploration
3.Bank of England should end bond sales at a loss, which is helping push up interest rates
4. Cancel autumn fuel duty rise
5 Cut fuel duty all the time fuel prices are elevated and VAT receipts are up
6. Target help with fuel bills on low income households
7. Reinstate two child cap , reduce numbers of sick notes for life being issued and improve incentives to work
8. Cut carbon tax and emissions trading to reduce the current alarming rate of industrial closures
9. Stop Chagos give away and the expensive EU re set
10. Legislate to instruct UK courts to disallow asylum claims if someone enters UK illegally.
March 22, 2026
This is all far too sensible and common sense for the halfwits we have in charge at the moment,They are wedded to taxing it, creating a problem and then subsidising it
March 22, 2026
Indeed.
I would add to the list:- undo everything Labour have done so far (and most of what Blair to Sunak did), ditch net zero completely, go for easy hire and fire, make work pay relative to benefits, ditch VAT on school fees, stop blocking the roads (it wastes time, money and fuel), stop the soft “loans” for duff degrees about 75% of them are virtually worthless, halve the size of the state, relax planning, get energy costs down to US levels about 25% of current, drill, frack, mine, stop all renewable subsidies and market rigging, stop rail subsidies, stop heat pump and EV subsidies, ditch all low skilled and net cost immigration, get some confidence in government by doing all the above.
Change the Doom-Loop agenda to a virtuous circle that attracts wealth, hard workers, inward investment, business expansion, relax planning…
March 22, 2026
Steve Reed (an English Sheffield Grad and Minister for food and Agriculture or something similar):- “no need to panic buy fuel” (tell that to transport businesses, industry and farmers), “no shortage of fuel” and “have trust in the government”!
Should go well! Surely a statement that will help cause panic buying!
March 22, 2026
@David Peddy
I agree with you, Sir Johns suggestions are spot on, but I’m they’ll find some way to make the situation worse, not better!
March 22, 2026
Not a snowball in hells chance.
Net ruin rules regardless of the consequences.
Just another step towards bankrupting this country which is the Fabians target.
March 22, 2026
A step to foster longer term wealth creation would be the reintroduction of taper relief in respect of taxes on securities held for more than five years – this would have the benefits of a) costing the Government nothing up front, b) increasing the supply of patient capital (which the UK is desperately short of), and c) being difficult for tax advisers to manipulate to avoid the objective.
March 22, 2026
And all other assets too. This would free up a lot of property for resale and redeployment.
March 22, 2026
Number 11 plan for a General Election this year after the people of this great country sends a resounding message to this government in the May local elections this year that the liebour party have zero credibility in the eyes of the vast majority of the U.K. and should be resigned to the history books never to be seen again. Rant over
March 22, 2026
Would that it were so, however I beg to disagree, 2TK is a true believer in HIS right to rule. The problem is he’s been well warned there’s going to be a challenge in May/June, no doubt he’s got a group of Fabians and such working behind the scenes to bring the febrile bankbenchers to heel. I think that’s what the emergency economic meeting is for, produce a list of financial giveaways to calm the revolters. Lord J’s list of economic restraints are for the birds, Starmer will be spend forever and damn the bond markets!
March 22, 2026
Let us see how much of your wish list gets onto the agenda John let alone how many are addressed in the way you would suggest they should.
It is more likely they will fast track the build out of renewable energy contracts. The other decision will be to more closely integrate our armed forces command structure with the EUs and make our armaments procurement an EU centred competence.
No doubt there will also be reference to fast tracking Islamophobia legislation to ensure no one is allowed to criticise mass gatherings of its supporters in places like Trafalgar Square.
March 22, 2026
Wrongly named “Renewables” only provide intermittent Electcity which is only about 20% of total human energy use. In the UK about 6%and 29% of electricity comes from solar and wind resp. . So about 7% of total UK energy from these. But then take of all the fossil fuel they use to manufacture, connect and maintain these and inefficiencies cause to gas production by the need for back up then 2-4% is more realistic. They are largely irrelevant Theresa and Miliband surely even they can see this.
Plus of course so much of our industries have been exported to China etc. which should also be accounted for. The whole agenda a a blatant con trick.
March 22, 2026
I suspect the Agenda will be more focused on how to take more from (perceived) wealthy Peter in order to give it to Paul ….. ie various client / favoured groups who they deem to be deserving of it.
March 22, 2026
+1
March 22, 2026
Two items on the agenda.
1. How to kick the can down the road.
2. Save big dog.
March 22, 2026
Yes Lord John but we all know those are the last things they are going to do. The world has now plainly seen that our Emperor has no clothes and when they have stopped laughing, they will decide we are an even worse bet than they thought and act accordingly..
March 22, 2026
As to No 10, it’s not sufficient just to say someone has entered the country illegally. If they claim asylum they are no longer illegal. What is needed is an office in Calais where those who want to claim asylum have to make their claim. They can languish in northern France while their application is considered, not be put up at public expense in a British hotel. If they enter the UK without permission, they can be detained securely pending return to their home country. Get the Royal Engineers to dust off their POW camp plans.
March 22, 2026
Add to that list ‘remove VAT from domestic fuel bills’
And that will be eleven suggsetions that will be ignored.
March 22, 2026
They can’t remove VAT from domestic fuel bills because it wouldn’t apply to Northern Ireland. They would need EU permission which would expose the lie that we’ve left the EU
March 22, 2026
I’m perfectly aware of that. Indeed it was the main thrust of my statement.
March 22, 2026
+1
March 22, 2026
Even better – forget the meeting – go to the country and ask for permission to go on destroying the UK.
March 22, 2026
I agree with all the blog except I favour a three child rather than a two child cap. Apart from perhaps the bond sales point both the Conservative Party and Reform also agree with virtually of it. Labour, the Greens and Liberal Democrats are against most if not all of it. There needs to be a pre-General Election alliance between the Conservative and Reform Parties to deal with the crisis Labour has created and to ensure they prevail rather than both lose with the probable destruction of one of them.
As for the policies I would add two major ones to enable significant tax cuts. I would stop all new Personal Independence Payment awards and at least freeze the amounts of payments to existent claimants. The other measure would be to introduce a manpower cap on all sections and sub-sections of the public sector with eventual cuts to all parts of the public sector and immediate cuts to democracy.
March 22, 2026
I meant cuts to bureaucracy (not democracy)
March 22, 2026
You are offering a rational plan to from her to a means to survive, possibly reverse the doom spiral.
However this is not a rational government and they won’t even take your first step because that would be to admit their beliefs are totally wrong.
For many of us the key will be to take what steps we can for our families to survive until this bunch pf gangsters have been ousted.
March 22, 2026
Absolutely.
March 22, 2026
All great suggestions but I have difficulty in comprehending why the Government does not or will not take action any of them. Surely there must be some people working in Westminster whether politicians or civil servants that appreciate we are heading for the rocks. Or are they all thick?
March 22, 2026
1,2,4,5 & 8 are not going to be implemented. The decarbonisation policy is really the de-industrialisation policy designed to impoverish as socialism depends upon making and keeping people poor. De-industrialisation is planned to destroy our national security and make us dependent upon China. The fact that Ed Miliband prefers importing LNG to producing our own natural gas, despite the former releasing more CO2 into the atmosphere than the latter, is proof that he does not believe increasing atmospheric CO2 will cause a climate crisis. This de-industrialisation policy also explains why expensive and chaotically intermittent renewables are preferred to nuclear, the only low CO2 emitting source of power which is cheap (when not sabotaged by being built in the “green” UK), abundant and reliable. Not that increasing atmospheric CO2 causes any perceptible additional warming because there is already sufficient CO2 in the atmosphere to absorb all the planet’s IR emissions that is available to it and hence all the possible GHG warming has already taken place.
March 22, 2026
I feel that Labour have no intention of accepting your common sense suggestions or indeed anything that will transform the fortunes of our country. They are nudging us to think that we would be much better off if we were once again fully integrated with the EU.
The immediate Oil Wars crisis is one thing but I would appreciate your views on the possibility of another massive QE binge sometime soon which some predict will result in fiat currency collapse and the rise of Chinese Yuan replacing the US Dollar.
March 22, 2026
” 6. Target help with fuel bills on low income households”
In the course of one of my activities I visit quite a few low-income households, and their heating is turned up to max, something I could not personally afford to do. Don’t forget that ‘low income households’ are generally equated to those receiving benefits, and they already have very considerable fuel discounts provided by the energy companies, whose tariffs and taxes are now additionally supported by the taxpayer. It is this kind of ‘generosity’ with other people’s money that pushes up taxes and lowers productivity.
And that is precisely what the bond hawks have punished – spending spending spending. But always in the cause of increasing Labour’s vote.
So for God’s sake, do not ask them to do any more spending.
March 22, 2026
Too much common sense for this Labour Government, which is away with the fairies. You can be confident that whatever they decide to do will only make things worse!