(not satire – it’s the UK energy companies!)
The CEO of Energy UK Angela Knight is in the news today for (again) defending energy companies’ price rises.
Somewhat bizarrely she said energy companies are “more socially responsible than supermarkets” and yet again blamed rising wholesale costs of energy for consumer price rises – an argument which has already been shown to be completely untrue.
As I showed in a previous blogpost, wholesale prices of energy have in fact fallen since 2008, not risen:
This graph shows wholesale energy costs are not the reason our bills have been going up
So how come the CEO of Energy UK is able to so openly lie to the public without so much as a blink or a twitch never mind a drop of sweat passing over her brow?
Perhaps she’s an expert poker player or has a background in military intelligence as a highly-trained psyops operative able to employ a range of indicators to influence the enemy’s emotions, motives, objective reasoning and behaviour?
No – I can answer that one.
Angela Knight used to be a Tory MP.
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Related articles by Tom Pride:
This graph shows wholesale energy costs are not the reason our bills have been going up
Oh dear – look what Ed Davey was saying about nuclear power before he became a minister
Lib Dems and Tories have just agreed higher UK electricity bills for the next 35 years
Let’s get this straight. Foreign energy firms are threatening to cut us off if we don’t pay up.
Mandelson adviser’s close links to energy firms revealed
Frozen pensioners contain higher levels of vitamins and antioxidants say scientists
EXCLUSIVE – see these new tariffs from British Gas for hard-up customers
David Cameron stands by plan to reduce energy bills with more hot air
Coalition split after Tory minister says UK ‘peppered’ with too many wind-powered Lib Dem MPs
Controversial urine extraction method given go-ahead by government.
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Please feel free to comment – you don’t need to register and I’m extremely minimal with the moderating.
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nearlydead said:
Reblogged this on nearlydead.
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Andy said:
Angela Knight was also, more recently, in change of the British Bankers Association where she , less than gallantly, defended the indefensible. More of the same here!
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Strangely said:
The odious Knight certainly picks her jobs – she used to be the mouthpiece for the British Bankers Association (BBA) (as if they actually need one) at the height of their self-inflicted woes which have since gone on to affect almost everyone dreadfully (collapse, LIBOR, bonuses and more).
I well remember smarmy Knight first thing in the day on the radio defending executive pay, perks and bonuses just as all the banks were collapsing – “well we must attract the finest talent, you know”!!!
The BBA set the LIBOR rates, with Knight being Chief Executive for the whole of the period involving the LIBOR scandal…..
She just lives in shit, wallows in shit, enjoys making everything she touches shit and everyone who is affected by her, shit.
In essence, she is shit.
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Editor said:
Reblogged this on kickingthecat.
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jaynel62 said:
FABULOUS!!
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chess said:
Say no more!
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Mike Sivier said:
Reblogged this on Vox Political.
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jed goodright said:
Angela Ann Knight (born Angela Ann Cook 31 October 1950) is the Chief Executive of Energy UK, the trade association for the energy industry. She is the former Chief Executive of the British Bankers’ Association and the former Conservative Party Member of Parliament representing the constituency of Erewash from 1992–97. She also served as the Economic Secretary to the Treasury from 1995–97.
Erewash – you’d think that what spews from her garbage gob would never wash!!!
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earlbramleyhoward said:
revolving door corporate corruption of governance
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David Treasurer said:
That explains it, how I hate these people.
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arthur cooper said:
Why doesn’t somebody just say to her NO MORE LIES and that goes for the whole Government it used to be a standing joke about politicians it isn’t funny anymore.If they cant be truthful they shouldn’t be in Parliament.
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Aiddy said:
And where exactly are the media about this conflict of interest? Or dare I say parliment? No need to answer I know but feel free to comment away.
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jaypot2012 said:
We expect nothing less than that from a tory!
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Chuck said:
I thought I recognised her! She was sickening in that role too, That’s a real faux pas for the energy bunch, how the hell could they be so stupid, put themselves in the same frame as the banks which is spot on, hope this point gets some poignant coverage,shot ’emselves in the foot I say…
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andy llewellyn (@andyllewellyn3) said:
And bend over please, this won’t hurt a bit, Whahahahahahahaha, sorry we don’t have any lube because you can’t afford any, Whahahahahah.
Dare i say the word monopoly, kind of like a jam rolypoly, a secret handshake there, a nudge, a wink and a bit of ow’s ear’ farther.
Wankers, the fecking lot of them
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Jane Owens said:
Curious how energy costs to consumers in the Netherlands have recently been reduced! That doesn’t really fit with the global cost of energy supplies excuse.
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guy fawkes said:
No wonder politicians are not allowed to call one another liars in parliament, because they are mainly all liars and conmen a word that the speaker banned David Cameron from repeating.
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dnmufc said:
Reblogged
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Another Fine Day said:
Unfortunately the best way to get into Parliament in the first place appears to be to lie as much and as often as you can. Then just carry on.
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casalealex said:
2011 – Centrica chief awarded shares worth £2m on top of £2m salary. SSE boss awarded £1.2m salary plus shares worth about £4m.
The Big Six energy companies have walked into a political storm over executive pay amid revelations that their bosses are earning up to £4m a year as an increasing number of their customers are being pushed into fuel poverty.
Phil Bentley, chief executive of British Gas, led the field with a basic salary of £1.3m in 2010, which was enhanced by the exercise of share options with a “theoretical aggregate gain” of a further £2.7m.
Sam Laidlaw, chief executive of the wider Centrica group that owns British Gas but also other businesses, earned a basic salary of £2m last year with a further £250,000 paid into his pension. Laidlaw also held at the end of last year an additional 711,642 shares awarded by Centrica – worth a further £2m at today’s prices. Executives in the business are awarded shares under a variety of different schemes.
SSE, formerly Scottish & Southern Energy, paid its chief executive, Ian Marchant, £1.2m in the last financial year plus a £126,000 boost from “deferred shares”. Marchant’s pension totalled £6.1m as of March 2011 and he had 330,000 shares “under award” at the end of the last financial year worth about £4m.
Companies insist their bosses deserve their rewards for delivering strong financial performance, arguing that they are not paid nearly as much as bankers.
2012 – Five bosses at the company that runs British Gas shared a £16.4 million pay bonanza, as millions of families faced record energy bills. The six per cent rise in the salary, bonus and benefits for Centrica directors was condemned as “insensitive beyond belief” as households run up huge bills trying to keep warm in the coldest spring for 30 years
The company’s 2012 accounts published today show Phil Bentley, outgoing managing director of British Gas, saw his pay jump from £2 million to £3 million. That included a £635,000 base salary, a matching cash bonus and £1.5 million from long-term incentive deals that matured last year. Mr Bentley steps down from the board in June 2013 with share awards and a pension pot worth more than £10 million.
Sam Laidlaw, chief executive of Centrica, took home almost £5 million, enough to pay the annual bills for 3,500 households. Finance director Nick Luff, managing director of Centrica Energy Mark Hanafin, and Chris Weston, a US manager who is taking over as head of British Gas, each got between £2.5 million and £3 million.
2013 – 141 civil servants who left the Dept for Energy and Climate Change in the past two years received an average of £54,595 each
Taxpayers have funded exit packages worth more than £7.6million since 2011, with some employees getting more than £100,000. And £9million has been paid out in bonuses in the last financial year.
SSE told to pay just £10.5million by regulator Ofgem for conning customers into thinking they were on the cheapest tariffs
The shameless boss of energy giant SSE is set to walk away with a £15million golden goodbye – after his company was fined £4.5million less for ripping off customers.
Ian Marchant, 51, will leave SSE in July with an estimated £9million pension pot on top of his £1million salary and shares worth £4.8million.
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Admin said:
Shared on The People’s Bank UK page also personal share, lots of great comment here I will share your stuff more often:)
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rainbowwarriorlizzie said:
Reblogged this on HUMAN RIGHTS & THE SIEGE OF BRITAIN POLITICAL JOURNAL.
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