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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.


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

The government’s allowing our water, gas and electricity to be sold to the Chinese and no-one seems to be noticing

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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