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(not satire – it’s the UK today!)
Not surprisingly a lot of people are feeling pretty annoyed at yet another massive price hike for domestic consumers by an energy company just before winter.
British Gas have announced price rises of an average 9.2% on domestic bills – presumably to help cover the tens of millions they have to pay out in bonuses to their senior directors.
But tens of millions is peanuts compared to the £3.5bn British Gas parent company Centrica has paid out to its shareholders in dividends over the last 5 years.
That’s £3.5bn the company would now have in its coffers if it hadn’t been privatised.
Enough to not only avoid price rises – but to substantially cut domestic energy bills just before winter too I would have thought.
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Related articles by Tom Pride:
Frozen pensioners contain higher levels of vitamins and antioxidants say scientists
Mandelson adviser’s close links to energy firms revealed
Massive countrywide whip-round to buy plane tickets after Centrica threatens to quit UK
83% feel energy suppliers maximise profits at expense of consumers
Militant unions hold country to ransom with threat of blackouts! Oh wait a minute …..
Let’s get this straight. Foreign energy firms are threatening to cut us off if we don’t pay up
Never mind a UK referendum on ceding power to Brussels. What about China?
David Cameron stands by plan to reduce energy bills with more hot air
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Pride's Purge 
What I don’t get is if they buy their wholesale had up to two years in advance, dusky the current has price should be based on the wholesale price from that time. Therefore if there are going to be price increases, they should be able to warn us up to 2 years in advance! Giving people more time to change.
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Reblogged this on nearlydead.
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Pingback: We're not just paying for British Gas directors...
Reblogged this on Vox Political and commented:
The BBC radio news yesterday (I was on the road for about five hours, so I heard a LOT of radio news) was full of the fact that Energy Secretary Ed Davey had told disgruntled energy customers to “shop around” after SSE put up its prices last week. Now, the commentators said, former SSE customers who had gone to British Gas had even more reason to be angry at the man who won’t do anything to curb the rapaciousness of this (might as well be) unregulated virtual monopoly. Mr Davey’s response? “Shop around”.
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Reblogged this on Ned Hamson Second Line View of the News and commented:
Interest never goes down in Toryland!
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Reblogged this on The Greater Fool.
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Pingback: Frozen pensioners contain higher levels of vitamins and antioxidants say scientists | Pride's Purge
i cant see why every year household bills go up..all bills…it didnt used to be like this..its like car tax,why the rise in price every year?.why is no-one stopping this.. as for the stocked up oil yes its been there a while so no need for price rise..and the goverment wont stop the rises niehter will offgem,or whatever there called now,cos in reality they have secret shares,although there not supposed to have any
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The big 6 (I can think of another collective name for them and it rhymes with Berkshire Hunt for those aficionados of Cockney rhyming slang) keep harping on about how the price of wholesale gas/electric has gone up, but where is their proof? They never show any concrete evidence of this and for it to rise by the percentage they’re quoting well it’s quite obscene really. Maybe they should take Ed Daveys advice and change their supplier!
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Reblogged this on HUMAN RIGHTS & THE SIEGE OF BRITAIN POLITICAL JOURNAL.
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Reblogged this on HUMAN RIGHTS & THE SIEGE OF BRITAIN POLITICAL JOURNAL.
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Reblogged this on THE SIEGE OF BRITAIN and commented:
It’s about time we re-nationalised ALL the utilities that were sold off as well as everything else the tories have stolen from us!
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Pingback: Over half a million pensioners dead and the Tories have gone from long johns to jumpers | Pride's Purge
We are told that Norway supplies our oil and gas supplies, have the British invested in their oil wells and are not only recipients of profit from wholesale selling but also oil production.
I’ve read that Iran’s oil prices have fallen to ridiculous levels and I bet Iraq’s is cheaper than Norway’s too, so should it not be the energy companies that shop around?
Have they really hiked prices as a snub to Ed Miliband’s proposal to reduce and regulate these companies.
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Pingback: EXCLUSIVE – see these new tariffs from British Gas for hard-up customers | Pride's Purge
Exactly, Guy Fawkes! I truly believe that the wool is being pulled over the eyes of the British public when it comes to energy prices; there is just no transparency with regard to these year on year price increases that are well above inflation. What is the answer?
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