


Flowe
200.9K posts






The problem with casting a closer relationship with Europe as the solution to the world's current economic malaise is that it kind of misses the point. The key problem at present is a shortage of ENERGY. Europe has an energy deficit. Up until 2022 it filled that gap with gas from Russia. Now it fills that gap with gas (and oil) from the US and Middle East. It swapped one dependency for another. We can debate whether that dependency is inevitable, the extent to which it's a function of geology and/or political decisions taken years ago. Regardless, right now Europe is highly exposed to the problems in the Gulf. And without US energy imports it is in BIG trouble. A closer relationship between the UK and the EU does not solve this conundrum.

From today, energy bills will fall by 7% for families across the country. We took the decision in the Budget to ask those with the broadest shoulders to pay their fair share, and today we see the result of that. Vital cost of living support delivered by this government.




