Showing posts with label profits and poverty. Show all posts
Showing posts with label profits and poverty. Show all posts

Saturday, 30 July 2022

Help!!


         Remember the insulting "help" from SSE on how it customers could keep warm this winter with the astronomical energy prices we were being ask to pay? Their heart felt advice as they ran smiling to the bank was, “doing a few star jumps”, “having a cuddle with your pets”, and eating “hearty bowls of porridge”. None of this advice would be needed by their shareholders or their CEO, they would hardly notice the price rises.
       Meanwhile, SSE made £600 million profit, Scottish Power and Centrica, owners of of British Gas, turned in a smart little profit of £423 million. These energy companies stashed away more than a billion pounds in profit before this years price hike. How much are your bills going up by?
       The bosses of the UK six biggest energy companies are the UK's highest earners. In 2018 former Centrica CEO received £2.4 million, a salary rise of 44% on his previous salary. During the first year of the pandemic, CEO of SSE Alistair Pillips-Davies was paid a tidy £1.6 million. In any given year the average CEO by 6th of January will have earned more than the average worker will all year.
        Have a good look at these figures, think of the obscene increases in profits and salaries of the energy companies and the CEO, then think of the massive price increases to you and I with our meager incomes being stretched to breaking point. Then ask yourself, should we blame the war in Ukraine or the greed infested energy companies, who are part and parcel of this system.
 
 
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