Load of twaddle.
The Tory free market model is failing.I am puzzled why the energy price cap has to rise so much in view of the vast profits energy companies are announcing. I thought the cap was set so that they could make a reasonable profit on the energy they sold without ripping off consumers. Or are producers exempt from restrictions?
Aye, an' bring back top hats, frock coats an' clay pipes while tha's at it an' all.Bring back coal.
So, in fact we could be subsidising the French consumers.The Tory free market model is failing.
EDF is 70% owned by French state who have capped price rises at 4%.
No its costing the french government billions to enforce the 4% capSo, in fact we could be subsidising the French consumers.
I do wish people wouldn't keep saying things like "No its costing the french* government billions"No its costing the french government billions to enforce the 4% cap
I thought I’d had all mine back! Are you telling me they still have some of my money?Governments don't have any money, it's our money!
explain how they screw UK when there is a limit of around 5% profit allowed to be made on sale of energy to the publicBut in order to offset the outlay to their own people, the companies that they own will simply screw the countries that have allowed their utilities to slip out of state control...
The European social model that the tories hate!
It appears it was not such a stupid question after all. The founder of Eco-energy was interviewed on Channel 4 news last night asking the same question given that the majority of our gas comes from the North Sea by British companies.I am puzzled why the energy price cap has to rise so much in view of the vast profits energy companies are announcing. I thought the cap was set so that they could make a reasonable profit on the energy they sold without ripping off consumers. Or are producers exempt from restrictions?
To be honest, I'm surprised people are not on the streets protesting, perhaps they think if they ease it in gradually, ie increase the cap, then people won't bother. But the other thing that puzzles me is that the media seem to be just accepting that it is because of wholesale prices around the world.It's simple. These are greedy bastards. They have risen the cost of gas to make up for the losses, or reduction in sales, during lockdown.
So all that money saved during furlough, wfh etc is being taken away from us.
We should be more upset.
To be honest, I'm surprised people are not on the streets protesting, perhaps they think if they ease it in gradually, ie increase the cap, then people won't bother. But the other thing that puzzles me is that the media seem to be just accepting that it is because of wholesale prices around the world.
yes we are.So, in fact we could be subsidising the French consumers.