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Old 02-12-2022, 11:32   #1774
nomadking
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Join Date: Apr 2004
Location: Northampton
Services: Virgin Media TV&BB 350Mb, V6 STB
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Re: The energy crisis

Quote:
Originally Posted by sephiroth View Post

in my capacity as a pragmatic (really) conservative, i can't for the life of me defend the privatisation of the energy industry under present rules.

I can see why thatcher did it - to raise cash for debt repayment and her guvmin's projects. But 40 years on, crisis meets a private company's obligations to its shareholders. The profits at this time of the underlying providers (rather than the alt-energies) are excessive and are being paid by us. That's wrong.

https://www.theguardian.com/business...-cause-outrage


they are not the suppliers. They also operate outside of the uk. That is where the profits are earned.
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