'The figures are absolutely insane!' Breaking down the numbers behind energy company profits

“The figures are absolutely insane.”

Ben Kentish questions the government’s decision to cut back winter fuel payments when energy companies are making such huge profits #LBC #uk #ukpolitics #economy #benkentish #labour #keirstarmer #Shorts

[davidstorer]

Remove all corporate money from all politicians and parties.

[Swat-edbt]

Vile. This is why I hate corrupt politicians allowing this to be inflicted on families. Disgusting 🤮🤢

[philiphoward]

MPs winter heating allowance £3, 400
Rachel Reeves took £1200 last year.
Scrap it now, share the pain

[robertstrong]

All political party’s are governed by big companies through donations. Things need to change ! I’m sick 🤢 of the British people being exploited by rich companies. Just how democratic are we when you need big business to have a chance of winning 🥇? We are not

[nad]

Makes you wonder who's in who's pocket

[Pikester-sy]

And prices have just gone up 10%! Brilliant

[sorwarahmed]

Absolutely, it goes to show who the government is actually working for.

[simonprice]

Yet if we robbed the companies we would be in jail.

[BossTweed]

They all have shares in them. That's why they won't do anything about it.

[mattyr]

This is why they have everyone distracted with identity politics.

[RgjDj]

While our government give them subsidies 😂 this country is mental.

[patrickshields]

Aw c'mon now, the government can't do without all the little bonuses these companies provide to them under the table, shares, holiday s/holiday homes, hard cash etc,
And as the public- who these politicians and their office are supposed to represent, you are absolutely powerless to stop them receiving these blatant perks.

Guy Fawkes had the right idea.

[yif]

And they say cost of maintaining infrastructure is expensive and needs to pass onto customers absolute shambles ! My small business have to pay £2.98 standing per day !how is this even allowed to happen they are killing everyone’s livelihoods !

[sonyvaio]

😂😂😂 anyone noticed they increased daily energy standing charge? Basically, a daily tax like charge, on everyone, everyday.

[oli_]

It makes me feel ill. Most of the poorest dont even use heating, especially if you live on your own. Huge massive amounts of money just for profits. Disgusting.

[tonybrett]

Shows Ofgem aren't fit for purpose

[thebigo]

It's not inflation if companies are reporting RECORD PROFITS.

[stephendrake]

This statement is said every year but nothing ever happens as a consequence of all the profits they make every single year 😡😡😡

[jillyd]

The government should be setting policies in our best interests but it seems they mostly make life difficult for the majority.

[Evimonk]

Ofgem needs new criteria from government, in regards to capping the energy company prices & profits. Rather than windfall taxes after the fact, they need to be tackling the excessive profiteering at the root.