Government considers temporary nationalisation of energy companies to stop collapse

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‘Special administrator’ could be appointed as gas prices and energy cap put companies at risk

companies to stop them collapsing from surging gas prices, ministers have indicated.

 

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Let's hope it doesn't stay temporary.

What did Tories say about Labour and the 1970's again?

Why make it temporary? If being unable to access something could result in death, that something shouldn't be managed for profit.

Probably should never have been privatised in the first place .

“Conservative” government.

Another Corbyn policy adopted

Yet again, when capitalism fails, as it always does, socialism needs to prop it up.

National interest, I can see why.

We need to start burning coal and gas again. Open mines and get fracking. We can have plentiful cheap energy if we stop this ridiculous pursuit of a hugely expensive and unreliable green energy utopia.

Yeah 'temp' cause they like giving those kinda powers back once enforced, B J needs to stop acting as if he is running the LP and get back to the Conservative side of thinking. 😤

Thanks very much Extinction Rebellion we are going to freeze this Winter. How many old people will die of hypothermia.

Free enterprise exchange or free commodity order

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Energy industry to hold crisis talks with government as supplier Bulb seeks bailout amid gas price hikeForeign Office Minister James Cleverly says the government are working to 'protect consumers from a global increase in gas prices', adding the government will continue to have meetings with the sector after energy company Bulb is seeking a bailout. Global…what utter nonsense. A complete and utter lie! Is that why you let ofgem remove the cap on price. Ofgem needs to go all they have done is allow energy companies to do what they want. Yet another Tory cock up.
Source: SkyNews - 🏆 35. / 67 Read more »