by Tyler Durden at ZeroHedge
The resistance is growing as more than 75,000 irritated people in the UK have pledged not to pay their electricity bill this fall when prices jump again.
“75,000 people have pledged to strike on October 1st! If the government & energy companies refuse to act then ordinary people will! Together we can enforce a fair price and affordable energy for all,” tweeted “Don’t Pay UK,” an anonymous group spearheading the effort to have more than one million Brits boycott paying their power bill by Oct 1.
https://twitter.com/dontpayuk/status/1555583413071101954?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1555583413071101954%7Ctwgr%5E19b629760f06ca03f3e9ee54637ef24acff72b4e%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fpolitical%2Frevolution-has-begun-75000-brits-stop-paying-power-bills-amid-inflation-storm
The strike comes as an inflation storm of high energy prices has obliterated household incomes. Brits are the most miserable in three decades as inflation is expected to hit 13%. And while Bank of England (BoE) Governor Andrew Bailey hiked interest rates the most in 27 years to tame inflation, risks are mounting of a recession.
On Oct. 1, the average household will pay almost £300 a month for power, the BoE warned. Couple surging power costs with negative real wage growth, and it becomes apparent households are being squeezed. This excludes soaring prices for shelter, food, and petrol at the pump — this trend is unsustainable and could result in social instabilities.
British news outlet Glasgow Live said the strike is similar to the “action in the late 1980s and ’90s to fight against the poll tax brought in by PM Margaret Thatcher. In protest, 17 million people refused to pay.”
UK financial journalist and broadcaster Martin Lewis said this about the strike:…
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