Unthreaded
German Gov businesses show their contempt for Brexit ..by investing another £242.7m in the UK.
...German postal firm Deutsche Post has agreed a deal to buy UK Mail
stewgreen
TinyCO2. No sorry, much too clever for me. Never considered a typo.
ACK
stewgreen, good to know Barry Gardiner is such an expert on stuff he knows nothing about. New members of the shadow cabinet will find him a tough act to follow.
golf charlie
Car Crash Video of that Fracking interview with Andrew Neil (click play and it will jump to correct point 16m26s)
BarryGardiner "We can't lock ourselves into the old energy infrastructure for the next 35 years"
...2 minutes of waffling
AN : "What's the life of a shale gas field"
BG : "About 3 years"
....
BG :"Make a distinction between gas and shale gas OK" (why ? they are the same chemical)
"We have more gas..we actually export 33.8% of the gas we produce..we only import 18%"
.."we actually import 5% more this year than we did the year before"
AN : "North sea gas is running out"
BG : Our production of gas in this country for the last 5 years has increased year on year" Oops he's got his sums completely upside down, and AN is right
.."They'll be a 26% reduction in gas demand in this country by 2030" (Wishful thinking, immigration causes lower heat demand or something ?
"Makes no sense to lock ourselves into production SUBSIDISED by 75%" (He doesn't understand what a subsidy is.. if you pay some tax instead of zero tax instead of zero tax you are putting money into a system, whereas a subsidy means you take money out of the system even if your tax is zero)
(where does the 75% actually come in ? On a project bringing £1bn of gas you PAY a lot of tax, but for your £30m cost of drilling rig 75% (£22.5m) can be written off against tax)
AN : "If we are producing so much gas, then why are we importing £15bn"
BG : "Coas we are exporting MORE " (Totally incorrect)
BG : "You are LAUGHING...do you want to check the figures" ends at 21:49
..The correction of BG comes at 32:10s (click play) AN announced that government figures show that the UK has been a net importer of gas since 2004 and NOW imports account for about 40% of consumption. (official gov figures) (time links corrected and checked)
stewgreen
ACK so you didn't get my joke "A lot clucking cheaper than Barking"?
TinyCO2
stewgreen, with Labour and the SNP guaranteeing fuel poverty for Scotland, the Scots now need a Party offering Independence from Nationalists and Labour.
Scottish Conservatives must be loving the Labour Conference. Their manifesto writers have been outsourced to Labour.
golf charlie
2017 Scottish based international news prog will launch
"The 30-minute programme will air on every week night at 7pm on STV2 and streamed live on the STV Player."
I wonder if that just means Glasgow/Edinburgh TV, instead of just London.
stewgreen
ACK, whether a DOS House or a Stray Dogs House, Momentum have signed up the residents in advance of next year's election for Labour Leader.
golf charlie
Stewgreen please remove my interest for gentrification of Wressle village. You wrote about a nearby DOS house, now I learn it was a stray DOG home. The expected ambience is entirely different.
ACK
@stewgreen, Sep 28, 2016 at 6:33 PM
Interesting. I don't know enough about the sector, but Deutsche Post own DHL. Buying UK Mail may not be good for consumers. I hope the CMA do some analysis and call it in if necessary.