We are told that the involvement of the private sector (in this case in #energy markets) allows them to price in risk more effectively... so how is it that now consumer debts to energy firms have passed £3bn, it is customers who are be subject to a surcharge to cover these 'losses'?... surely, the firms should have priced this risk in already?
Well, the answer is actually, this is just another disguised subsidy to their #shareholders, to ensure that don't have to stomach that loss... but we do
Emeritus Prof Christopher May /
npub1hr…f2ktj
2023-12-16 09:45:40
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npub1hr0x0gm9ksmvuvqwkyzfjuczv9pln83axuftxfhnq2maday69ypqtf2ktjPublished at
2023-12-16 09:45:40Event JSON
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