Re: EDF to raise prices by 3.9%
De-nationalisation and no teeth regulation has created a Cartel that can, and does, effectively hold the Country to ransom by threatening to turn the lights out.
The same can be said about the Water companies. The regulator is a little stronger but there is absolutely no competition.
It doesn't matter how much we moan these Companies will continue to squeeze our pips for years to come and short of sending in the Army to forcibly take them back, there is nothing we can do about it. We gave them the deck and they took the aces out.
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