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British Economist: Much UK Energy Cost Rise is Due to Political Anti-Russia Sanctions_我的网站

A |     The UK government has rolled out the Energy Bills Support Scheme, under which British households will start receiving £400 ($488) off their energy bills from October, with the discount made in six instalments to help families throughout the winter period.,However, the measure does not seem to be enough to save the day, given that Brits have found themselves caught between nearly two-digit inflation and soaring mortgage payments, according to Rodney Atkinson, an academic and political and economic commentator.,"Once the government lost control of monetary policy (or indeed deliberately printed money during COVID in order to debase its own debt) then there are no easy ways out," Atkinson said. "The British government has offered all households energy subsidies and those on support programs more. But now interest rates are rising and although this raises the value of the pound and reduces import and energy costs, the overall effect is more suffering. Mortgage costs and business debt costs have been rising for months.",Increasing energy bills all across Europe are whipping inflation up even further. On July 27, the Guardian made an attempt to blame reduced gas flows through Russia's Nord Stream 1 for the soaring energy prices, while shying away from shedding light on the energy embargo introduced by the US, the UK and the EU against Russia's hydrocarbons. The US and the UK have been in the vanguard of anti-Russia sanctions since Moscow launched its special military operation to demilitarize and de-Nazify Ukraine on February 24, 2022.,"Because much of the rise in costs is due to the political anti-Russia sanctions; changes in monetary policy will have little effect and are not quick enough," emphasized Atkinson. "Only a retreat on oil sanctions by the EU will drive down oil prices (which is already happening). Biden and the EU’s attempts to persuade the Middle East producers of oil and gas to increase production were a failure.",Sunak Vows ‘Radical’ Income Tax Cut as Truss Team Accuses Ex-Chancellor of ‘Another U-Turn’1 August, 08:12 GMT,New British Cabinet Will Have a Lot on Its Plate,While the British government has pledged to slash at least part of Brit’s energy expenditures, the question arises as to where No. 10 will find this money, given that both Tory candidates for prime minister, Liz Truss and Rishi Sunak, have vowed to cut taxes considerably.,"In an election, the promises are all about cutting taxes and increasing expenditure - a very dangerous combination which is unsustainable," warned Atkinson. "There are many state subsidies and expenditures which could be cut (to justify the tax cuts) but no one likes to mention them. And Truss seems to be piling up ever more spending promises.",Still, it is clear that the new British cabinet will have to exert much effort to prevent people from taking to the streets. The British economist presumes that No. 10 "will have to offer greater subsidies to those caught by the high winter fuel prices.",Nonetheless, "the continuing high profitability of energy producers and energy utilities will further increase the public’s anger at big business and multi nationals who are also seen as not paying their fair share of tax," Atkinson projected.,"Voters are becoming more and more cynical but there are no politicians in any party capable of understanding the fundamental problem of state and corporate profit combined with voter weakness and consumer poverty," he underscored.。    本篇评级为★★★，主要围绕以下内容展开：                    1、宏观数据有压力，市场表现无意外          2、年底资金面扰动增多，保持耐心等风来                    如有疑问请以音频内容为准，添加妙投小虎哥微信：miaotou515，入群有机会与董小姐进一步交流。                   新闻解读评级说明：五星重磅，四星重要，三星级以下大家选择听。                   1、宏观数据有压力，市场表现无意外          今天国内市场再次表现不稳，出现明显回踩，这一点并不意外。我们前两天也提到，进入12月份是一个“多事之秋”，波动可能加剧，甚至不排除出现回踩。

B | 尤其是在两个重要政策会议召开之后，市场存在一定的预期差，需要向下消化。

C | 今天国家统计局发布的一系列宏观经济数据，也进一步加剧了12月份的“阵痛”。                   首先来看房价。

D | 11月份房价仍未企稳，跌幅还在继续。

E | 一线城市二手房销售价格环比下降1.1%，如果环比持续累加，年化跌幅已超过10%，甚至接近15%，心理压力巨大。而且这一跌幅比10月份还扩大了0.2个百分点，说明房价暂未止跌，也一定程度影响了其他数据。                   本文为妙投付费内容，上述仅为摘要，购买本专栏即可解锁完整内容。新用户可免费领本专栏7天阅读体验机会，在妙投APP-我的-权益兑换 输入“妙投888”即可领取。

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