If You See Sid

So how’s that privatisation thing working out for you now? You know: the one where they sold companies we already owned back to us on the basis that it would create a “stakeholder economy” and that competition was going to keep prices low. “Competition”. That’s not really the word. It has actually had the opposite effect. Once one energy company puts up its prices, all the others follow suit. A better word would be “cartel”. It’s not as if these companies are starved for profit either. British Gas increased its margins by 24% to £742 million last year. Other companies … Continue reading If You See Sid