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May finally get the payout due.

(4 Posts)
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Mollygo Fri 16-Aug-24 19:32:20

I read this today.
Interesting and alarming
People need to be very clear what is happening !!!
British Gas made a profit of £1.3bn between January & June
BP announced profits of £6.95 billion between April and June alone
Shell has profited by £9.4bn in a year
The MEN at the top:
John Pettigrew, boss of National Grid received £6.5m bonus on top of his salary
Chris O’Shea, chief executive of British Gas owner Centrica was paid almost £2m last year in salary and benefits
Centrica's non-executive directors were paid almost £1m
Scottish Power's CEO Keith Anderson is on £1.15m.
E.On boss Michael Lewis is on £1m
EDF's Simone Rossi is also on £1m
And their top execs enjoyed a share of £4.65m
Peter Simpson of Anglian Water earned a £1.3m pay package
Welsh Water bosses awarded themselves bonuses of over £930,000
Severn Trent bosses awarded themselves bonuses of £5.56m
Thames Water's Sarah Bentley, received a £727,000 bonus on top of her £2m annual salary

Meanwhile there are...

People who haven't had breakfast and/or lunch TODAY, because they can't afford it.

People using FoodBanks because food is becoming more of a luxury than a necessity.

Parents worrying about new school uniforms - and some schools enforcing rules which are not cost-effective.

People who are working so much they're making themselves ill, and they STILL CAN'T AFFORD to pay their bills

People who have been given fines by these same energy/water companies because they couldn't afford to pay their bills in the first place - increasing their debt

Hose pipe bans when gallons of water leak away everyday

Elderly people NOT DRINKING because they're worried about running out of water!
*Elderly people NOT putting the heating on because they're worried about running ip bills!

All this and energy prices are set to rise up to 75% in October...
THIS IS MADNESS!.. I'm all for supporting profits ..I'm not for supporting greed at the cost of lives of others..
Something needs to change..
Why are customers' money being used to make life more comfortable for those who are making life more intolerable for the rest of us?
I actually don't understand how the energy companies are allowed to get away with this and why the government aren't stopping them instead of handing out money.....

BUT I heard the government are going to pay out the money for the infected blood scandal before Christmas, so I may not need to worry about the WFA . 👏👏👏👏👏

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Cossy Fri 16-Aug-24 20:15:42

I understand (& agree with) most of your frustrations.

But, I also do agree the blood scandal victims (& the Post Office scandal) should get their full compensation.

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fancythat Fri 16-Aug-24 22:30:03

I dont get it all either.

A few of my opinions, for what it is worth.

a.Did the "rot" set in, when people started thinking it was absolutely fine for "top" people of charities to earn who knows what.

coupled with
b."people have to be paid x absurd pay, because "else you dont get the best people".

c. "top" people, it seems to me, get the "best" pay if they "guard" a company or business name, with their life and soul.

d. An irony is, and I could be the most wrong on this point, the people who talk the loudest[not meaning you op, I have no idea which political party you support] about people at the lower end of society, seem also to be the very people who would say my points of a. b. and c.

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Doodledog Fri 16-Aug-24 22:38:46

I don't mind people working for charities earning the market rate. The big ones are run as businesses and in many cases operate internationally, so they need people who can do that. Working for a charity is not the same as working out of charity.

I don't see the need for enormous salaries anywhere, though, so the market rate needn't be exorbitant. I'd like to see a rule that nobody can earn more than X times anyone else in a company, so everyone benefits from the company doing well. If there are people working full time for £20k there should be nobody in the same company earning over £200k, IMO.

The figures aren't important - I've plucked them from the air for ease of multiplying.

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