Thursday, 24 October 2013

Perhaps we all ought to sit in the dark and cold!

This past couple of weeks, the main energy companies have all been putting up their prices. A lot. Like 10-12%. This is despite making huge profits, and paying those at the top massive wages and bonuses.

And leaving their lights on - as was pictured in a couple of newspapers..

http://www.dailymail.co.uk/news/article-2471428/Lights-headquarters-Britains-largest-energy-firms-left-night.html

And the head honcho of one of them having a big country pile with heated swimming pool...

http://www.dailymail.co.uk/news/article-2467039/Sammy-Two-Pools-The-British-Gas-chief-plans-build-SECOND-swimming-pool-mansion-millions-families-struggle-pay-energy-bills.html

At least John Major, who I had assumed had gone to live out his retirement at Lords or the Oval, was willing to put his head above the parapet to complain about the injustice of it all. Although he probably doesn't need to worry about a 10% increase in the cost of his leccie....Nor I assume do the rest of the present government especially as presumably quite a lot of the cost of the energy they use comes from the public purse....

It's not just gas and electricity, look how the petrol price has stayed at over 130p for ages now. I think that it the Government adjusted the tax such that petrol was a stright £1 a litre, then this would reduce haulage costs, thus decrease the cost of goods in the shops, increase employment by increasing profitability and reducing costs for business, and give people money back in their pockets which could then feed back into the economy by increasing purchasing and investment. More employment means more tax receipts, more profits means more business tax paid and so on.


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