Cable Forum - View Single Post - Are industry regulators a danger to the public?

foreverwar · 01-02-2007, 17:34

And should profits come before public safety? Poor old National Grid making Â£872 million profits every six months - shouldn't they re-invest some of that?

And Northern Gas Networks made a profit of Â£50million on a turnover of Â£250million - a lot of companies would love a 20% profit margin - perhaps they could use some of that to improve network distribution safety, and they could gain tax deductions for the Capital Expenditure.

01-02-2007, 17:34	#5
foreverwar Only connect Join Date: Jun 2006 Location: Leeds Services: Ex-NTL Bromley, TV XL, V+, STB, Broadband L (constant 9mb), SACM, Phone XL Posts: 9,628	Re: Are industry regulators a danger to the public? And should profits come before public safety? Poor old National Grid making Â£872 million profits every six months - shouldn't they re-invest some of that? And Northern Gas Networks made a profit of Â£50million on a turnover of Â£250million - a lot of companies would love a 20% profit margin - perhaps they could use some of that to improve network distribution safety, and they could gain tax deductions for the Capital Expenditure. __________________ Passion is inversely proportional to the amount of real information available (Benford's law of controversy) Last edited by foreverwar; 01-02-2007 at 17:43.