energy companies
France decides to extend energy price cap measure to the end of 2022
The country first froze gas prices in October 2021 and also capped electricity prices from increasing by no more than 4 percent.
British Gas owner Centrica profits increase five-fold to £1.34 billion as millions face fuel poverty
"We need action now.”
Trades Union Congress calls for public ownership of energy companies
The TUC is proposing a reshaping of the UK’s energy system, to be more in line with our European neighbours that are finding it easier to weather the current crisis.
Voices on the Left: 5 blogs from the left you need to read this week
A roundup of progressive news…
Prem Sikka: Why the government’s Windfall Tax on oil and gas companies doesn’t go far enough
The 25% tax is only on selected profits of oil and gas companies, mainly North Sea profits of what the legislation calls “ring fence trade”.
This is why essential industries need to be brought back into public ownership
Privatised industries pursue short-term objectives rather than long-term social objectives