The Death Throes of the Brexit Disaster: Liz Truss and Kwasi Kwarteng Declare Class War on the British People

Architects of disaster: Liz Truss and Kwasi Kwarteng in the House of Commons.

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Six years into the Brexit disaster, the malevolent anti-democratic forces who did so much to facilitate the success of the vote to leave the EU in June 2016 are finally where they always wanted to be: running the government, and able to implement their four prevailing obsessions: enriching the already rich at everyone else’s expense; shrinking the state (or preferably entirely obliterating the state provision of any services whatsoever); using the UK’s departure from the EU as an opportunity to scrap all the inconvenient ‘rights’ that have protected the British people and the environment from grotesque exploitation; and denying the existence of catastrophic climate change to further enrich the oil and gas companies that are driving the planet to extinction.

These anti-democratic forces, largely clustered in a handful of buildings in Tufton Street in Westminster, just a stone’s throw from Parliament, include the Institute of Economic Affairs (IEA), the Taxpayers’ Alliance, the Centre for Policy Studies and the Adam Smith Institute, all far-right ‘libertarian’ think-tanks representing “the extreme fringe of neoliberalism”, as George Monbiot explained in an article for the Guardian on Friday. Also related, though located 400 yards to the north, is Policy Exchange, another right-wing think-tank, and Tufton Street was also initially home to the Vote Leave campaign, which was registered there, as well as Leave Means Leave, which campaigned for a hard Brexit after the EU referendum. It is also currently home to the Global Warming Policy Foundation (GWPF).

This latter group has been described by climate researchers and environmental groups as “the UK’s most prominent source of climate denialism”, as was explained in an OpenDemocracy article in May, when “two MPs, three Lords members and more than 70 scientists, writers, and campaign groups” sent a letter to the Charity Commission complaining that the GWPF was “not a charity but a fossil fuel lobby group”, after evidence emerged establishing that it “had received donations from a foundation with millions of dollars’ worth of shares in oil, gas and coal companies — despite claiming it would not take cash from anyone with a fossil fuel interest.”

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The Greatest Economic Crime in UK History? Liz Truss Caps Energy Prices By Taxing Us For Up to 20 Years Instead of Taxing Energy Companies’ Obscene Windfall Profits

Liz Truss,Britain’s new Prime Minister, and a fossil fuel drilling platform.

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So it’s official, then. On Wednesday, on her first full day in office — just before the death of the Queen froze all public-facing political activity for at least a week and a half — Liz Truss addressed the UK’s devastating energy bill crisis, which threatens to hurl two-thirds of the country into fuel poverty, and to bankrupt all small- to medium-sized businesses, as well as public sector organisations like the NHS, schools, universities and charities, by capping domestic energy bills at £2,500 a year until 2024, stemming the rise to £3,549 that was to take place on October 1, and which was forecast to rise to an almost unimaginable £5,400 a year in January.

This will still be a nightmare for poorer families — who, lest we forget, make up at least half the population — because last winter average bills were £1,277 a year, and even now people are struggling with the cap set at £1,971 a year, but what makes the announcement so poisonous, whilst appearing to be the act of a saviour, is that it will be funded not through a windfall tax on the estimated £176 billion in obscene and completely unearned profits of the oil and gas companies who have benefitted from the eleven-fold increase in gas prices since 2019, but by transferring the cost onto taxpayers.

Do you see how disgusting and disgraceful this policy is? Truss is refusing to tax the grotesque profits of the oil and gas companies, and is instead proposing to borrow at least £100 billion — and maybe more — to compensate them for their losses through the cap that is necessary to prevent the total collapse of the British economy, and then making us pay it back in increased bills over the next ten to 20 years, — in other words, increased bills every month into the 2030s or even the 2040s — simply to preserve the energy companies’ monstrous windfall profits.

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Andy Worthington

Investigative journalist, author, campaigner, commentator and public speaker. Recognized as an authority on Guantánamo and the “war on terror.” Co-founder, Close Guantánamo and We Stand With Shaker, singer/songwriter (The Four Fathers).
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