MSE News: British Gas owner's profits up, as it hammers families with price hikes

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  • FATBALLZ
    FATBALLZ Posts: 5,146 Forumite
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    I see rather than respond to my post pointing out the gross hypocricy of demanding financial education in schools while writing sensationalist rubbish that distorts the facts and confuses people even more you have chosen to remove it. What a class act MSE.
  • Cardew
    Cardew Posts: 29,042 Forumite
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    Agreed; dreadful article!

    This was in the papers yesterday:
    British Gas cut its prices to consumers by 7 per cent in February, which helped it to sign up new customers, but it has recently been selling gas at a loss.
  • davidgmmafan
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    Dammit they should continue making a loss, meaning they'll have to put prices up later on. A fine argument indeed!

    Same problem with the cure some people propose - re-nationalize them. They might run at a loss, but we'd be paying for it in the end. The only saving would be in duplication of work done by the various suppliers now, but then there'd be no competitition so prices could be whatever they wanted.
    Mixed Martial Arts is the greatest sport known to mankind and anyone who says it is 'a bar room brawl' has never trained in it and has no idea what they are talking about.
  • C_Mababejive
    C_Mababejive Posts: 11,658 Forumite
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    Are British Gas the only company who sell gas in this country then?
    Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..
  • Cardew
    Cardew Posts: 29,042 Forumite
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    From MSE:

    This site aims to redress the balance, both with highly researched journalistic articles and forums that bring millions together to gradually build collective resources.

    In particular, our information does not constitute any form of advice, recommendation, representation, endorsement.

    Highly researched?

    No recommendation? either way?
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