Jeremy Hunt budget is "badly judged" | Andrew Marr | New Statesman
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- Опубліковано 16 бер 2023
- Jeremy Hunt's budget is based entirely on a “guess” - Andrew Marr
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Andrew Marr analyses Jeremy Hunt's budget - what was in it, what wasn't and how this impacts UK politics.
Marr argues that a lot of Tories are claiming that "this is not a conservative budget", as the "overall taxation levels are the highest since the late 1940s".
Keir Starmer and Rishi Sunak are in a "much tighter race", argues Andrew Marr, as Rishi Sunak becomes increasingly "interventionist".
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Andrew Marr is Political Editor for the New Statesman, and is one of the UK's most senior political journalists. He spent over 20 years at the BBC where he was Political Editor and hosted the wildly successful Andrew Marr show. He is now based in Westminster where he brings his deep experience of political reporting to his analysis of the most important events in UK politics. He also hosts Tonight with Andrew Marr on LBC Radio.
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The New Statesman brings you unrivalled analysis of of the latest UK and international politics. On our UA-cam channel you’ll find insight on the top news and global current affairs stories, as well as insightful interviews with politicians, advisers and leading political thinkers, to help you understand the political and economic forces shaping the world.
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It's a sad day when a country's financial future is reliant on a failed health secretary. This budget isn't about the nation, it's about getting re-elected. Sickening.
Who in their right mind is going to vote for this lot ?
@@nigelmoscrop9987 It's not people in their right the Tories want voting for them (or at all).
@@nigelmoscrop9987 Just ask people over 60 who they'll vote for, especially outside of cities
It's a sad day when a country's financial future is reliant on a failed journalist. This rag isn't about the nation, it's about stopping anyone truly progressive, with real solutions getting elected. Sickening.
@@nigelmoscrop9987 largely two groups: wealthy people who don’t care about non-wealthy people and non-wealthy people who are fine with their own living standards being destroyed so long as refugees get hurt more.
It feels like the government has broken into my house and stolen my telly, but wants credit for not stealing my stereo.
Yes, I too feel literally robbed over the last few years. Every single advantage I managed to earn for our family to improve our quality of life taken away -- and for what?
A government which can provide for all of your wants can also take everything you have.
It does not matter, the public is just fed up with the Tories
100% true
I'm not convinced
Shame it’s taken 13 years for that to happen.
@@anastauro9743 They have put nothing in just cut and run down most of the country.And now there’s a election in the near future all they choose to do is give the rich more tax breaks and the rest of us can suffer,that’s just not on is it.we need a better system than that.
It doesn’t matter if the public is fed up with Tories now.
What matters is that Tories are very good at election campaigns and voters have short memories.
As we keep banging on, the childcare package does not come into effect into 2025, after the general election when the Tories might not have to fund it. How does that help working mums now?
Jam Tomorrow. A budget where the rich got richer and the poor got poorer again. The sooner they go the better.
They’ve laid a benchmark effectively as Labour would have to beat it to secure voters who would otherwise not voted Tory.
Even if it came in today, there isn't the capacity for it.
Just Tories deciding what Labour have to spend there Taxes on when they get in LOL
Even when they are not "technically" the government they still are by proxy with the help of there client legacy media army LOL.
DemoCraZy
@@mickeythompson9537 That's the reasoning. Bring in a whole load of expensive measures and dare Labour to abolish them when they get in.
Hunt's "Budget": rearranging deck chairs on the Titanic.
more like selling the lifeboats off
Or cat poop in the litter tray (© Jonathan Pie)!!!
Clear, concise ,no stupid music or cheap Gimmicks. What a breath of fresh air thank you .Sadly its a budget yet again for the rich The sooner these amateurs are gone the better for the nation
" Amateurs " ? Professional self servers the lot of them.
A bit like Gordon Browns last effort then….🤡🤡🤡
Very good analysis. It's hard to see inflation dropping to 2.9% by the fourth quarter, as the OBR are forecasting. The Tories want to blame our economic woes on Russia and Covid. People are seeing through that.
Well tbf they didn’t help. Britians economy has been poor since brexit but covid and the war were the primary cause of the inflation we’re experiencing
Not everyone will see through it, the debt will be blamed on Putin and COVID as well.
To be fair those things have not helped at all but its still 100% on the Tories as they have set up this country to fail from the first crisis.
Whqt about the trillion worth of Quantative Easing
@@salemalnuaimi602 they disappeared into balance sheets, stocks, and consumption. Then the supply shortage hit.
We need to vote them out.
And get what -- Labour --- the Party who were going to give us Dianne Abbott, David Lammy, Dawn Butler, etc.
We shouldn’t have voted them in in the first place
What's the alternative?
Well the Super rich have to be given another ways to avoid inheritance taxes. That's just what we need at the moment. Estimated to bring 15,000 people into the workforce, at an estimated cost of 80,000 pounds each.
BUDGET for April 2023!!!!!!!!!!!! BUT it won't come into effect until Sept 2025!!! Marr you're the same as the rest of them!!!
This Government has looked at all the problems we have and decided that drinking pint of IPA is going to solve it.
and more tax cuts for the rich.
You Know The Old Sayinyg You Earn What You Learn.
have we ever been governed this badly?
Yes. Under Truss. 😀😀😀
I don’t we’ve ever had monsters in charge, no
Realistically, a lot of the past UK governments were pretty bad and would have received the boot in many other countries. Its just that the country as a whole was on a different phase where it still seemed (at least to some) that it was a former empire that can still turn its fortunes and get on the rise again while we now know through the power of hindsight that the worst is yet to come.
@@Kaizen917 in a parallel universe, i bet that sounds intelligent
Worst government in my lifetime and I'm 60
The biggest single reason why investment has dropped off a cliff is Brexit, it has made the UK uninvestable, who in their right mind would invest in our small market when you can go to the EU and get access to their massive single market. Even UK business have switched their investment and jobs into the EU. Until we rejoin the EU we will suffer falling living standards and destruction of our public services.
The best case scenario for UK re-joining is 10-15 years.
In that time the compounding effect of the difference in growth between UK and EU will widen the gap in standards of living for all but the richest UK citizens and non-dom residents.
Even after rejoining that gap is not likely to close for at least another generation.
My company deals with Europe every day. We have not noticed Brexit.
Stop giving them credit for the childcare changes when most of them don't even take effect for over a year.
he will be back in the spring to give a tax give away just to get reelected thats all the tories are bothered about
I'm hating how the pension changes have been covered. The lifetime allowance will affect a lot of people, not just the rich. The change that actually represents a big tax break for the wealthy is the increase in the annual allowance. Who's got 60k to throw into a pension? And how much tax do they save by doing so?
The average proper, real worker would be fortunate to even earn £60,000 per annum and would struggle to invest £600 per annum i.e. £50 per month. Hunt the front is totally useless as any kind of minister. Roll on the next election, let's get rid of these crooks.
In fairness the very richest get a much lower annual allowance of £10,000 for those earning above £360,000.
@@richardhowlett4097 Are you having a laugh? Someone on 60k struggles to save £600 a year? Surely that's a typo
What the hell is a "proper worker"?
And yes, away with the Tories, but abolishing a stupid tax rule that fucks with those who choose to save is perfectly sensible
Lifetime allowance varies from year to year but 100% was around the million pound mark which would get you an annuity of about £55,000 per year. (Less if indexed). State pension on top. Is that just the rich? Pretty well off I would say.
It should be noted that the tax free element has been frozen. In addition the top 10% of workers generate 60% of all tax income. The change is designed to entice professionals who have or are considering to retire early to keep in employment firstly because we have a shortage of them and secondly as they pay the majority of the taxes both in earning and consumption. The change will not reduce the tax take. Firstly because the tax free allowance is frozen based on the old allowance. Secondly if a higher earner puts more than one million in his pension any further invested tax free will be hit with 40% taxes when the pension is paid, as the extra income from the fund will hit the higher tax rate.
The problem with this budget is that it's based on the premise that things are basically fine, and just need a few little tweaks to be perfect. That's because that *is* the case for the millionaires we've elected to govern us. It's a budget for the rich, created by the rich, and everyone else can whistle for their supper.
As I understand it from experts this child care measure will come in only in 2025. Other words a promise that the Tories have a habit of breaking.
Like The Ever Shrinking HS2 .... Child Care 3 Years In The Future.. Madness... Next 2 Years Will Be Hell As The Government Pockets Money To Try Buy The Next Election.... They Will Watch The Country Suffer In A Desperate Bid To Cling To Power !
Exactly. Affordable homes, nurses, hospitals, police offenders. All absolute bollocks.
@@davidhodgson3901 Conservative Default Position Is Always ... Jam Tomorrow !
Another 'Jam tomorrow' promise that will most likely not happen (for reasons).
I cannot understand why he gave it so much credence. It is just so much hot air and not even enough to float a party balloon.
At lot of doctors are retiring not for personal wealth but personal health, giving the state of NHS.
The Tories have reached the end of the road. And they and we know it!
Sadly, it's a cul de sac, and Labour are waiting to take over. Jeez, is that really the only alternative ?
A very astute analysis in which the budget is simply explained in terms of how the government is taking away twice as much as it is handing back to investors in Britain. The question now is if an unsophisticated electorate in around 200 swing seats are going to be fooled by a ‘giveaway budget’ - roared on by the majority of newspapers which are owned by U.K. tax dodging billionaires - into voting yet again for the Conservatives next year.
After everything that so many British people have had to put up with, the answer will probably come down to whether or not a majority of the country can stand another 5 years of Tory rule.
The budget was relatable in the sense that people use words and produce sounds to communicate. After that? Nothing.
I went to Primary school with this guy, before his parents took him to Glasgow. I credit myself for his success.😮
Such a mess. I have zero optimism in this country recovering any time soon with this sort of Budget
Pensioners shouldn’t pay any tax. Uk pensions are rubbish compared to European ones.
Shock, horror! A Conservative budget for the rich. Well I never...
Picking up my kids and seeing them and other kids walking, they all looked miserable, my first though was it’s Friday the weekends here what’s thier problem? Then I thought they have known nothing but 13 yrs of Tory’s and austerity and the nxt decade is probably not going to be much better no matter who’s in charge
Never until now has a British Government, Tory or Labour left the country worse off on nearly every socioeconomic figure you can think of. It’s mind boggling and I really don’t know how we get out of it, I just hope somehow, someway Labour manages to find a way to turn the tide?
@@pipoo1 One thing Labour has to do urgently is bring in proportional representation voting. Only then will we begin to carve a progressive path for the future. PR parliaments/governments plan for the longer term of decades rather than the next five years. Long term planning of the economy will be necessary. PR parliaments work collectively rather than tribally because the MP's realise that they could be in govt with their rivals next time around. Attacking colleagues of a different stripe therefore isn't productive. How grown up!
Thank you for another incisive report. What I don`t understand is why so little is being said about the Tories` Soviet-style censorship of political criticism and satire. They think it`s appropriate to dismiss it, ot attempt to dismiss it, as "politically motivated". Stupidity and incomptence passing into law.
This is just a budget for the rich and wealthy
What else is new? Who did you think donate to the goverment party behind closed doors.
I am surprised that as Tories promised childcare in 2025, they didn’t promise to reduce the income tax to 10% … in 2075…
Nothing in the budget helps me but I have come to expect that
Have you tried donating £30,000 to the Tory party?
They might help you then.
I'll donate just as soon as they give me a contract worth £2million with tax breaks 😂🤣
Is Andrew really applauding the most generous, best funded, most coherent, and best targeted BRIBE? Really?
Extra child care? it's an empty promise. No money, just words. it will be introduced in 2 years. Who's going to be in charge? Not him. Or the Tories. And anyway, people are already struggling to find nursery places, so where would the extra places come from? Not his problem.
Good breakdown of hire the tories seek to lie to YOU.
How*
Thank you for analyzing these complicated issues. Thank you
It was quite the confession by a Tory chancellor to say that the slashing of corporation tax (CT) hadn't resulted in the expected investment, CT is paid on profits of course and if businesses feel they're not going to make a profit in Britain it makes no odds how low CT is, another wheel falling off the Tory Brexit bandwagon..
Eliminating LTA simply reverses a wrongful tax
The problem with growth/investment is obvious
To invest and thus grow you wouldn’t do it unless it offered a set of decent options, such as ….
- good skilled Labour available
- access to large markets
- matched or in part support from government etc
- stable political outlook.
Frankly, when anyone looks at the U.K., pretty much none of the above is the answer. Tax alone will not change that
Exactly right, the tories have ruined the UK and factories and manufacturing has steadily declined through their selfishness, investing in their own shareholdings, stuffing the workers with low wages and austerity. I've heard people say, 'I won't get out of bed for such a low wage' CEO's of building companies get millions in bonuses annually that are not deserved, they rip off the homebuyers.
Appreciate your analysis of this critical issue.
Yes,but it won't happen for another 2 years!
Without undoing Brexit there's nothing the government can do to promote growth
The changes to disability are very understated here, but, are going to be absolutely devastating in practice.
They said the system as is was perverse to have people prove what they cannot do, yet they are going to make a "severe disability group" which will essentially have people do just that.
Meanwhile, anyone who is not in that group, yet still disabled or even in just ill health, is going to be treated like they are on JSA. The white paper shows "work coaches" can mandate whatever they see fit to any of these people. There have long been many more people in the Support Group for ESA than Westminster wanted - this is the legislation to rebrand them as not ill enough and put them, to all intents and purposes, in the WRAG which is essentially the same as JSA.
It is one thing to ask someone to do something difficult. It is another entirely to knowingly demand someone does something they cannot do, or lose the roof over their head and their next meal. There is a reason Hunt included money for suicide support in the budget, It is because he is well aware of the real cost in human terms of he policy he has decided to implement.
And before you come at me and call me woke, or lefty etc, Labour are no better. They only seem upset that the Conservatives have beaten them to the punch of claiming credit for this.
Absolutely, it's so badly constructed just now, it's forecasted to be 2029 before it becomes practice, but I doubt Starmer ,Ashcroft et al would want to make any changes, it was Ashcroft who said it was his idea and they "pinched" it. I am proud to say I'm a lefty!
This was not covered in the media at all (as far as I have seen). It's disgusting. Another minority to demonise as being "shirkers who are too lazy to get a job". Thanks for the info in your comment
Just out of interest......where are all these (presumably adequately qualified) 'Child carers' supposed to materialize from ? The care industry has been run into the ground. O.A.P care homes are on their knees; as are hospitals and you can bet Teachers and Social Workers are considering going the same way as Nursing staff
I have saved into my direct contribution pension for all of my career, adding extra throughout the years . Pension pot has breached the old lifetime allowance . I will be able to purchase an annuity pension around £26k-£30k per year. Not the 1 % media keeps on going about …. The super rich will only be able to pay £10k into pensions due to tapering.
I love the way any budgetary change is 'effective from midnight' if they're taking money from you...
But you've got to wait years if it's money they're giving to you...
And... surprise, surprise... it's a tory budget: it's a budget that benefits the rich and kicks the poor in the teeth again.
It would be good to see more journalists like Marr on big platforms like the BBC with the balls to take their content onto a smaller platform and build up an audience from the grassroots. He always seemed like a privileged establishment guy but he has won the respect of a lot of people on youtube.
Andrew Marr appears to be enjoying his freedom, released from the chains of the beeb. It's quite refreshing to hear him speak the truth about our political pygmies.
hes a tory boy and always has been. he will still vote tory.
BBC was ok until cameron filled it with tory stooges and boris continued.
Well with the bbc now a state run Tory machine you’re now seeing the few journalists with integrity. Funny though that the media machine manage to convince people the bbc is far left when all this is happening in plane sight. Just shows how the media shape this country and it’s citizens minds.
@@kanedNunable "hes a tory boy and always has been. he will still vote tory. " I'm not sure why a tory would join the official organ of the British left.
Beer duty cut 😂😂😂.
Of which you Mr Marr are one ! A very ,very ,very ,rich individual ....
Marr - the country has already made up it's mind!!! Anything that follows from the CONS is just reaffirmation!!!
Tory boasts be like - The uk will not enter a technical recession (we caused) this year..
Why is hunt smirking when we are deep in the brown stuff
"trickle down" - it's going to work - it didn't work in 1897 or 1927 (or any other time that it was used) - but THIS time it'll work!
Business wants predictability. They want a known market with scope for their sales. They need to be able to "see" several years into the future to be able to risk investing.
This is the opposite of what we have had over recent years and I see no change, just more uncertainty.
He’s kidding right? Childcare is NOT in the Budget. Promises for the Future, just wait for it. The Tories policy for everything.
Who's going to provide all these child care places...
Well that's their excuse for phasing it in basically, but you're right that the labour shortage isn't going to magically go away in the next 2 years.
Andrew, is it not true that the increase in Child Care payment/hours were PROMISES for the future and not actually in the Budget?
How about the 650,000 people for whom this budget might as well be a death sentence? Then there's the continuing extortion of smokers. If you drive a car you might as well be smoking 5000 a day.
Quite depressing when political vision amounts to looking at demographics and assessing how to bribe interest groups - but maybe it was ever thus. Watch out for some bribes in the next budget aimed squarely at the former “Red Wall” because Tories know that they can treat their former loyalist interest groups with contempt because they have very few other places to go. But don’t look forward to a world in which Labour can really offer you anything better - deterioration in the health service needs addressing with some big ideas about how to deliver and what to deliver by way of public sector healthcare, not by just bunging it £[x]bn because whatever number you stick in for x will never be enough, and the same goes for many of Britain’s problems, they won’t be solved by this miserable politics, of every shade, shaped to play to the gallery of a miserable electorate.
Labour thinks abolishing the LTA is a bad idea, and the govt should just have targeted doctors. But take that approach and you discover the issue also arises for senior teachers and nurses, for dentists, and for a host of private sector occupations (e.g. engineering) where we have not just skills shortages but issues of a generational gap (i.e. if they retire early there's no-one to develop the people coming up the ranks behind them).
Easy enough for Labour to direct money needed to important people like those mentioned, and not the bankers and donors that the Tory scum always help.
Don't forget politicians especially the rich cabinet ministers!
There is an argument that investment is easier to encourage with tax incentives with a higher rate of Corporate Tax so those breaks are worth more. A low rate of tax does not encourage expenditure/investment. Plenty of economies have higher corporate tax rates and higher growth - as the markets know full well and showed with their reaction to Trussenomics.
Short term, real and genuine growth (or reduction in contraction) would be encouraged much more effectively by a proper public sector pay settlement to put money in the pockets of working people who will, indeed have to, spend, even if a disproportionate amount goes to the offshore owners of British unitalities due to the Government's being keener to borrow more to subsidise profits rather than change the OFGEN calculations of the energy cap.
Only 33k views, imagine if Andrew was allowed to do this kind of segment on the BBC news. The kind of real impact he could have...
But the give-away to the rich was essential - for the Tories: they must get their backers and donors on-side, well in time for the election - and if they see a chance, maybe a softening in the polls, they could go for an early election. Maybe it's a good sign that they are still focused on holding an election, rather than creating an emergency of some sort, so that they can defer an election indefinitely!
Forcing the disabled and mothers of young children to work instead of looking after their families due to tory incompetence and looking after their own interests.
Isn't it ironic that the Tories opt for progressive policies (only) when they feel the need to curry favour with the electorate?
Most certainly, the pandemic and the war in Ukraine has amplified the dreadful situation in the UK. Indeed, the Tories would like everyone to believe that the pandemic and Russia's aggression are the cause of the country's woes. Nevertheless, the UK cannot escape the fact that the economy and the management thereof by the Tories was already in a very bad place prior to Brexit. The pandemic coinciding with the actual departure from the EU and closest and largest market, quickly followed by Russia's aggression have all fed off of each other, worsening the economy beyond any forecast. Nevertheless, the state of the UK economy is primarily the doing of the electorate. The electorate that put the Tories into power, the same electorate that then by a small majority voted to leave the EU and the very same electorate that then went on to re-elect the Tories to 'get Brexit done'. Furthermore, most of that electorate was English. At the last general election, Wales predominantly voted for Labour, Northern Ireland for republican parties and the Scottish for the SNP. It was only the English that predominantly voted for the Conservative & Unionist Party. Yet, it is the English that are most vociferous in complaining about how bad the Tories are. Ladies and Gentlemen of England, it is predominantly your fault and is a result of the ludicrous constitutional set-up of this country (union).
Investing in the UK is only interesting if you are British or your main market is Britain. The unsecurity is massive and long term. You just have to get stable and reliable again.
This budget will be the straw that breaks the donkeys back.
Am still waiting to see marrs version of what the budget should have been because he hasn’t got one I suppose
Just terrible... the budget is favoured the big corporations and the rich, bad for middle and working class people.
Marr on corporation tax is talking absolute nonsense. Raising corporation tax incentivises investment as firms would rather increase their productive assets and increase turnover in future years rather than allow the extra profits they would've made otherwise to go to the taxman. I think it's no surprise that in a country which has 'prided' itself in having super low corporation tax, we also have some of the lowest rates of investment and, who would've guessed, some of the lowest productivity in Europe as a consequence. Hunt's budget clearly addresses this and so is a fairly sensible short-term policy in trying to incentivise domestic capital investment, which, to reiterate, low corporation tax does not do.
The childcare help doesn’t kick-in until 2025!
There is another autumn budget & another spring budget before then, so why announce something now?!!
Smoke & mirrors budget!
Every tory budget has help for the rich. Bought and paid for, every one of them.
How can you put something in the budget(child care) that hasn't been budgeted for in the budget? Why are you not calling it out on what it is?
I thought Andrew Marr did a reasonable job in this case. Trouble is when you have also seen him in full partisan mode you doubt his impartiality. You can have a reputation for impartiality or of supporting an agenda but not both. People reporting the news ought to value the former and reserve their private opinions.
We are need of a great leader. I don't see one.
Andrew, don't lie to us about the childcare. It doesn't come into effect for 2 years, it's not even part of the budget!
I love the way he talks about economic growth at a time when we're experiencing the biggest financial collapse, ever... banks diving faster than starving seagulls... All companies (with the exception of big pharma and weapons) battening down the hatches (even shutting down operations entirely)...
Isn't all the money needed for 'economic stimulation' being poured into collapsing banks, weapons and booster shots...? 😂
Growth for the uk is impossible if we don't have any international customers. We are too far away to compete in the asia pacific. North America is too protectionist to allow us into their market. Africa is too poor and will continue to be for at least 50 years. Where does that leave us?
both parents out working to earn a pittance while the kids are robbed of an actual loving parent bringing them up of either sex.
Shame Starmer offers nothing but platitudes . His 8 billion green investment plan is a third of a car companies diesel gate fines to put it in perspective.
Still waiting on marrs wonder solution on the budget
Have we EVER had a budget that benefits anyone other than the rich?!
Always blaming the world , the tories have no shame.
It's only 'badly judged' if you think the point of this latest tory budget was to actually help the majority or those with the most need.
The tories know they are out at the next g.e. so this was one if their last chances to make themselves richer while they can.
Wow it’s like the tories don’t care about normal working people, who would’ve thought.
B*ll*cks from a hunt. If you get my drift.
It’s the large companies that seem to pay no tax that they need to target and pensions you need to train more doctor’s . F the average worker had one million pounds in there pension pot and they had retired and asked to go back to work I guarantee that the majority would say no.We should be retiring earlier not in our late sixties . The only reason we have to work into our sixties is because the private pensions are poor and the state pensions are poor but if you’ve got a million pound in your pot your laughing .how about reducing the tax on your pensions if you have three hundred pounds in your pension pot.which is still quite a lot . I would increase the amount that you have to pay contribute at source
There is no growth outside SM/CU. SO get poorer and enjoy it.
But child care isn't in this budget it's not coming in until 2025, and on that basis could never happen at all.
Where will all these childcare places come from?
Aren’t all budgets based on a guess on how well the economy will do?
Well we are all mugs we put up with it again and again maybe it’s time we make some noise and get a spine they work for us not the other way round
Weak or very weak…. Or non existent
Who is going to provide the service that is already on its knees , staffing problems !
So they tell you, you'll enter a recession, then there won't be = Who told you? "Oh and you believed them" In fact what ever they say, you believe... what is the problem? Them Or you?
The downside for Conservatives is that they are only just responding to child care leading up to an election. Even though they had years to address it.
If you ignore a problem for 2 years don't the problem get worse. So more money have to be spend lol..this budget is a joke we know after elections comes the song we still don't have the money
Swaine Adeney Briggs and the The Wo Shing Wo gang, Happy Saint Patrick's Day.
Like a sinking ship going stern down and the Captain on the prow screaming "It's not sinking it's your bloody warped socialist commie imagination".
The most important incentive for investment in industry is in those manufacturing industries that employ low-paid workers not those with iT skills. In this area the main incentive is low energy costs, the reason that industries that rely on low energy costs, like BASF are moving production from Germany to the US and China. The single decision the Government can make in this direction is to approve fracking and increased production of energy from the North Sea but instead, they have gone for renewables which will not even be able to supply affordable power for domestic use.