The theory behind re-privatising the utilities was that the efficiencies of the commercial world would sweep away the bureaucracy of public ownership and deliver cheaper everything for everyone. Anyone who’s worked in a big corporate knows that they have as many useless meetings and layers of middle management and as much profligate waste as the very worst of government. Apparently, Centrica’s huge profits come, not from the part which sells you energy, but that which makes it, so they can’t reduce your fuel bill. What utter tosh. If we can’t renationalise them, we should regulate all of these companies to the nth degree until they’re of no interest to foreign investors and private equity companies. I’d say. Come The Revolution.
“Sunak and Hunt accused of ‘damaging UK plc’ over NatWest boss’s exit”
Here’s the flip side. Should a business not have the right to choose whom it serves? If you as a client, or more likely potential client, rub us up the wrong way, are a declared anti-vaxxer or support the barges, can we not, as a business, say ‘Be Gone’?
