How can this be fair?

[anotheoldgit]

http://www.express.co...-triple-as-bills-soar

Cannot the Government do something about these foreign owned power giants, making these huge amounts of profits why some British pensioners die of hypothermia?

According to something I heard on the radio this morning, they don't even pay British taxes, but the taxes are paid in their own countries, which in turn helps to keep their own peoples energy bills low.

[DTCwordfan]

perhaps the Government - WL.......

Actually when it comes to Gas, there are some pretty onerous clauses in the domestic market when it comes to cutting folk off, and far stronger than other EU (or American) markets.....

[FredPuli43]

Damn foreigners, coming over here taking our power companies, when all we get is the school buses in the USA (owned by a subsidiary of Stagecoach) and a defective offshore oil well there (owned by...oh, never mind).
Bit late to be complaining about multinational companies or what arrangements are made by EU states over corporation tax. . What's the French for 'swings and roundabouts' ?
It rather looks as though the bulk of EDF's profit growth was outside the UK. It's strong in nuclear energy, referred to in the original link, which France uses a lot more than we do, and that interest has contributed.
But, that said, big companies will always charge what they can get away with.

[lcg]

no...they shouldn't have sold them all off...simples. btw...it was the beloved thatcher wot did it x

[anotheoldgit]

Gromit

/// Hmmm, who was it who flogged the foreigners the family silver in the first place And she told us it would lead to more competition and cheaper bills. Mad lying cow. ///

That is typical of the 'Left', they will put up a reasonable argument but then spoil it all by making unnecessary offensive remarks.

[anotheoldgit]

The Tories cannot take all the blame for the sell-off of most of Britain's assets, some of the blame must be shared by Labour.

/// But the biggest loss came in 2006, when P&O Ports (which had been carefully built up by one of Mrs Thatcher’s favourite businessmen, Lord Sterling) was sold to Dubai Ports World in a deal worth £3.3billion after 168 years as a British firm. ///

/// How significant that while the Labour government weakly let the vast network of P&O ports fall into Middle Eastern hands, the U.S. refused to allow its ports be bought by a foreign firm. ///

http://www.dailymail....t-foreign-bidder.html