Gas & Electricity

[ell]

Companies going bust had no effect on prices of gas and electricity. It did have an effect on standing charges as the cost of sorting out the mess was passed on to customers via standing charges.

How do we know when the bill for companies going bust has been settled? Is there some sort of running total? Will it be a year or ten years before these charges are dropped down again?

 

[Blue Maverick]

And now they’ve all gone the standing charges shouldn’t change part from down when it’s sorted (I won’t hold my breath) and why the fuck should we pay for failed private companies im certainly not benefitting from the profits at the moment

 

[Kevinblue10]

If in 2008 we managed to nationalise some of our banks to stop them collapsing, surely we can do something like this to stop the entire economy going belly up.

Yes but that was to protect the bankers the important people. Remember the sense of emergency when they were under threat. For the tories ordinary people should be exposed to the discipline of the market...who cares about them after all

 

[Alan Harper's Tash]

BP doing ok for themselves so far this year…

 

[GornikDaze]

BP doing ok for themselves so far this year…

At least they’re paying a bigger dividend to shareholders. However, I suspect the vast majority of their customers couldn’t give a flying fuck about that!

 

[55yr old teenager]

At least they’re paying a bigger dividend to shareholders. However, I suspect the vast majority of their customers couldn’t give a flying fuck about that!

I think he was being sarcastic with that post

 

[Alan Harper's Tash]

At least they’re paying a bigger dividend to shareholders. However, I suspect the vast majority of their customers couldn’t give a flying fuck about that!

Imagine the press they get if they took £2B of that profit and shared it out across households across Britain. Their shareholders would still get their share of the other £10B profit from the last 6 months too.

 

[RobMCFC]

Imagine the press they get if they took £2B of that profit and shared it out across households across Britain. Their shareholders would still get their share of the other £10B profit from the last 6 months too.

Drop in the ocean - £2bn / 67M ~ £29 each.

 

[N1985]

Drop in the ocean - £2bn / 67M ~ £29 each.

28m. £60ish would be better than nowt though mate.

 

[Alan Harper's Tash]

Drop in the ocean - £2bn / 67M ~ £29 each.

It’s be more than double that figure if using households, but I take your point.