Re: Ouch ! 35% price hike from British Gas
Be under no illusion. A nationalised company still has to produce things at cost to the taxpayer. The huge rises in wholesale energy pricing would still affect it.
Now which do I want; A company that has no competition and no incentive to do better or produce cheaper products, or a company that has to compete for its customers, driving the prices down.
Monopolies are terrible for the consumer, whether it be public or private. It is only through competition that we can ensure our providers do not get complacent.
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formerly cyfr
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