Obscene Energy Companies' Profits

They mentioned up to £500 on the news. Well it isn’t going to happen is it.

Martin Lewis
@MartinSLewis
·
20h
NEWS: It gets worse!
I've just got uodated price cap predictions from @CornwallInsight
.

The latest spike in year-ahead wholesale price means the OCT cap prediction is now UP 78% (so £3,500/yr on typical bills) & likely up again in Jan.

Its will be desperate. Intervention needed

Yes, exactly this Rameses.

Our local town facebook page is constantly full of residents complaining about lack of local services from street sweepers to GPs. This in a safe Tory seat where time after time almost everyone votes Tory. I constantly provide details of underfunding of the council/NHS/social care until I'm blue in the face but people still don't put two and two together and STOP VOTING TORY!

Rameses

Until the bulk of the population wake up from their slumber and realise that nothing that this particular government does is ultimately designed to benefit us plebs, this will just go on and on.

They are obsessed with destroying public services and privatising everything in sight, including our NHS.

Exactly this

It’s hard not to despair, public services, including the nhs - all dismantled, not funded, not valued since the tories got in. The leadership candidates talk about tax cuts ?

Until the bulk of the population wake up from their slumber and realise that nothing that this particular government does is ultimately designed to benefit us plebs, this will just go on and on.

They are obsessed with destroying public services and privatising everything in sight, including our NHS.

It is sickening to see these large profits being made by the privatised utility companies. This is partly causing the gap to widen between the haves and have nots. There is obviously enough profit floating around in these companies to provide for investment without relying on shareholders. This system is tipping me into becoming an ardent socialist.
Smaller fish I know, but Aldi and Lidl, are now giving the larger supermarkets a run for their money. Efficiently run businesses who give value to shoppers and look after their staff. Their prime asset is that they have no shareholders looking for dividends.

Just heard on radio that Sunak introduced a rule that energy companies should spend excess profits on infrastructure rather than distribute them to shareholders. Foolish or what?

Parody Boris
@Parody_PM
·
1h
Thank goodness Margaret Thatcher privatised our energy companies, otherwise the £1.34billion profit Centrica have just made might have been wasted on ordinary people instead of wealthy shareholders.