Royal Mail in 5 years time

[rhino49]

http://www.bbc.co.uk/news/business-24562930" onclick="window.open(this.href);return false;
...and when the Government says - switch to another provider, their prices won't go up for another three days - remember our warnings !!!

British Gas is to increase prices for domestic customers, with a dual-fuel bill going up by 9.2% from 23 November.
The increase, which will affect nearly eight million people in the UK, includes an 8.4% rise in gas prices and a 10.4% increase in electricity prices.
The company said it "understands the frustration" of prices rising faster than incomes. The average annual household bill will go up by £123.
Rival SSE has already announced an 8.2% increase in bills from 15 November.
Energy debate
On average, customers will see a dual-fuel bill increase to £1,444 a year.
However, there are significant regional variations. On average, the biggest increase in a dual-fuel bill is an 11.2% rise in the Scottish Hydro Electric region. The smallest is a 6.8% increase in the south west of England.
The company said that the cost of buying energy on the global markets, delivering gas and electricity to customers' homes, and the government's "green" levies, were all factors in the decision to put up prices.
Labour leader Ed Miliband has pledged a price freeze for 20 months if his party wins the next election. But Prime Minister David Cameron branded Mr Miliband's price freeze plan as a "con", saying that he did not have control over the worldwide price of gas.
'Transparent'
Energy Minister Ed Davey described the latest price rise as "extremely disappointing news" for customers of British Gas. He told the Commons that unhappy consumers should consider switching suppliers.
However, industry analysts expect other suppliers to announce price rises in the coming weeks."The question now is whether it will be a trickle or a stampede. However, the fact is that households will be struggling to afford to keep warm this winter," said Tom Lyon, of price comparison website Uswitch.com.
Mr Davey said that the company would need to justify its decision "openly and transparently".
Caroline Flint, shadow energy secretary, said: "These latest price rises show clearer than ever why Labour's price freeze is needed."

[rhino49]

Looks like whatever increase we are awarded - it will not keep pace with keeping warm - maybe we should insist that increases in wages are pegged to the British Gas standard

[NWpostie]

And they said Privatisation would create competition and bring prices down, that reminds me of a new and recent privatisation claiming a similar thing, now what was that company called I think it beings with R

[borders]

Yeah , I think there is still people out there that thinks the world is flat !!!

[UnhappyGremlin]

Looks like whatever increase we are awarded - it will not keep pace with keeping warm - maybe we should insist that increases in wages are pegged to the British Gas standard

Or in line with the CEO of British Gas, who has had a 40% pay rise, to take his pay to £4.97m a year.

The 'big six' are operating a cartel, pure and simple.

[Shaman Mao]

I'm glad someone has mentioned the word CARTEL. I thought it was just me being cynical.

[Lounge Lizard]

Looks like whatever increase we are awarded - it will not keep pace with keeping warm - maybe we should insist that increases in wages are pegged to the British Gas standard

Or in line with the CEO of British Gas, who has had a 40% pay rise, to take his pay to £4.97m a year.

The 'big six' are operating a cartel, pure and simple.

25 years ago it wasn't acceptable for the then 'big six' national brewers to control 75% of the beer market.
Now the 'big six' energy suppliers control 98% of that market. and Ed Davey suggests we 'switch supplier' within a cartel. Idiot.

[rhino49]

Looks like whatever increase we are awarded - it will not keep pace with keeping warm - maybe we should insist that increases in wages are pegged to the British Gas standard

Or in line with the CEO of British Gas, who has had a 40% pay rise, to take his pay to £4.97m a year.

The 'big six' are operating a cartel, pure and simple.

25 years ago it wasn't acceptable for the then 'big six' national brewers to control 75% of the beer market.
Now the 'big six' energy suppliers control 98% of that market. and Ed Davey suggests we 'switch supplier' within a cartel. Idiot.

Why didn't I think of that comparison Lounge Lizard - we need a J D Wetherspoons in the power industry

[UnhappyGremlin]

Looks like whatever increase we are awarded - it will not keep pace with keeping warm - maybe we should insist that increases in wages are pegged to the British Gas standard

Or in line with the CEO of British Gas, who has had a 40% pay rise, to take his pay to £4.97m a year.

The 'big six' are operating a cartel, pure and simple.

25 years ago it wasn't acceptable for the then 'big six' national brewers to control 75% of the beer market.
Now the 'big six' energy suppliers control 98% of that market. and Ed Davey suggests we 'switch supplier' within a cartel. Idiot.

Why didn't I think of that comparison Lounge Lizard - we need a J D Wetherspoons in the power industry

That would be nice.
It would also piss off the current batch of suppliers quite badly.

[mr hil.]

There already is an alternative energy supplier, I use The Co-op Energy, not always the cheapest, but owned by it's members, pays dividends and is ethical and trying to be green.

Co-Op Energy

[freelunch]

Yeah , I think there is still people out there that thinks the world is flat !!!

oh please, not another bloody "round earth-er"
Sheesh, I cannot believe how easily some people are fooled.
You do know those photos which purport to show a round earth are actually faked don't you?