The News In Shorts

How the news would look if everyone stopped waffling and told the truth.

Tuesday, 29 October 2013

Energy Companies Defend Exploitation Of The Poor.

A survey published by the Children's Society has found that there over 3 million children growing up in poverty in this country and of those more than half are living in homes that are too cold and too damp. These figures, it is generally conceded, are set to rise as the government's policy of impoverishing more people year on year gathers pace. It is deliberate, it is intended and it is based not on any real need for austerity but on sheer spite. Since the Tories, with help from a supine and opportunistic Lib Dem party, instituted their policy of unlimited rewards for themselves and austerity for everyone else they have managed to more than double the national debt. But they are not alone in this vicious and entirely needless campaign. The energy companies are just as eager, it would seem, to pauperise the already poor though, in their case, the motive is not ideological but sheer greed. The figures speak for themselves since, over the last year, wholesale energy prices have risen by a mere 1.7% while the "Big Six" energy companies have more than doubled the profit they take out of each household from £45 to £95. Stephen Fitzpatrick, managing director of Ovo Energy one of the smaller energy companies, told MP's that he couldn't explain why the "Big Six" energy companies had put their prices up year after year since his own company was paying less for gas now than it was in 2009. He then added; “We're all trying to track down where this money is going. But you will never find it - these guys are the best filibusters in the business.” In other words he was accusing them of being crooks and, as as the evidence shows quite plainly, he is absolutely right.

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