Nationalisation is what is needed
MANY poor pensioners died last winter; forced to choose between eating and heating their homes after British Gas raised tariffs by some 18 per cent.
Its pleas of "sorry, we had no choice" were put into perspective when the company declared profits of £742 million, up by 24 per cent.
Its parent company Centrica, which has invested profits made from British energy consumers in exploration operations overseas, also made profits of £24 billion, up by 29 per cent.
The spurious regulatory body Ofgem is as much use as a chocolate teapot. Once again at the onset of winter British Gas has announced another increase of six per cent.
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Privatisation has again been a success for legalised robbers. The only success for working people milked by this privatisation scandal will be when the entire industry is returned to public ownership.