(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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