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“Energy bosses could slash prices and profits instead of asking for government aid” – Voice of the Mirror

Voice of the Mirror readers say producers in the North Sea are enjoying profit bonanzas by taking advantage of skyrocketing gas and electricity prices around the world, raising fuel costs for businesses and customers

Boris Johnson has come under pressure to introduce a one-off levy on companies that have benefited from high oil and gas prices around the world
Boris Johnson has come under pressure to introduce a one-off levy on companies that have benefited from high oil and gas prices around the world

Energy bosses could always slash prices and profits to lower household bills rather than asking for government help.

But the CEO of the supplier E.ON is also wary of the demand for “very significant” aid.

That’s because producers in the North Sea are enjoying profit bonanzas by taking advantage of skyrocketing gas and electricity prices around the world.

This increases fuel costs for the companies, who in turn resell them to us.

The price cap, which is set to rise again in October, this time by as much as half from £2,000 to nearly £3,000, would ruin families already struggling after last month’s big hike.

That’s why the windfall tax proposed by Keir Starmer and rejected by the Conservatives and other bill-cutting measures are a bold red dividing line in politics.

Political leaders on the electoral side deserve to thrive and those who protect North Sea producers should not be in power.







Michael Lewis, Chief Executive Officer of E.ON UK
(

Picture:

PA)

Too bad about No. 10

Until Boris Johnson, no prime minister in history was fined for breaking the law.

No one expects him to do the honorable thing and resign, which means he’s either sacked by Conservative MPs or sullied as well.

Whitehall detective Sue Gray knows her report of illegal partying will be subject to both public and political scrutiny.

Complaints that other senior officials are shunning them are disheartening, and Johnson’s lying machinery will no doubt be preparing to defend his untenable behavior when the final report is released very soon.

The time for excuses should be long gone, and anyone trying to justify breaking the law deserves a conviction.

survival spirit

Hugs, tears and love at the service at Manchester Arena was a case of good people refusing to be destroyed by evil.

The pain and aches and pains will never go away, but the spirit of the survivors is inspiring proof that there is more that unites us than divides us.

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https://www.mirror.co.uk/news/politics/energy-bosses-could-cut-prices-27035099 "Energy bosses could slash prices and profits instead of asking for government aid" - Voice of the Mirror

Fry Electronics Team

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