With ever rising prices, is it any wonder the public are in uproar over the energy firms profiteering at their expense. The time has come to take control of the situation and let the public have their voices heard. This means a future Labour government should either nationalise or take a controlling share in these companies to help customers and not the shareholder.
I’m not harking back to the old days but thinking with a very clear head about what’s happening here. Recently, a new build nuclear plant was announced to be jointly funded by a French energy firm and Chinese investors. In other words, the French and Chinese governments will build and own this facility. On top of that, they will sell electric to customers. Why are we as a country allowing foreign governments to generate and sell energy in the UK to make huge profits for themselves? Why can’t our government do that? Haven’t we learnt the lesson of ever increasing prices with ever increasing profits going to these and other firms with no benefit to the customer or the tax payer?
Labours pledge to freeze prices is right. Now let’s go the next step on behalf of the hard pressed public wanting to do nothing more than heat their homes. In 21st century Britain, that’s not much to ask is it?