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Old 05-02-2022, 12:03   #528
ianch99
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Re: Energy companies collapse

Quote:
Originally Posted by Sephiroth View Post
Since then, that privatisation has been a blot on the country's copy book.
I think Seph is one of few Conservative supporters who really gets it. Imposing free market dogma on inappropriate sectors like energy, water, etc. could, and did, only lead to disaster. In the last year, the Big 6 energy companies made over 3 billion in profits and since 2010, the energy firms have paid £200bn to shareholders.

By having a degree of state control and/or ownership, you can do what France has done and limit the energy bill rises to 4%. Of course, the people who pick up the bill here, in this country, are the poor smucks who have no choices, and what is even more depressing, these same smucks will vote for more of the same come the next election.
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