Energy bailout will benefit corporate giants who don’t need it, MPs warn

9 comments
  1. Obviously Vodafone and all those companies would get things like this but still increase charges by “CPI + 3.9%”.
    Nice how that works.

  2. Gasp. The Conservative government looking after their sugar daddies and corporate handlers over actually doing their cocking job like a bunch of cock wombleling gits?

    Whoever could’ve seen this coming?

  3. Well… Yeah it will benefit them. It’ll benefit everyone.

    Business energy prices have been forecast to do a 10x price increase. That’s just not viable, even for a lot of big businesses. Yeah there will be some businesses that massively benefit. Any business with high profits and low energy costs relative to their output are going to benefit.

    Some businesses can afford it, others can’t. Do you want to get into the situation where you’re going through every companies books to see if they can afford it? Do we really want to go into a situation where the government is giving an advantage to some businesses more than others?

  4. Then the saved money will be:

    – invested in the country (according to the government).
    – shared with stakeholders and given as bonus to CEO (according to most economical models).

    Only time will tell.
    The only sure thing is that the borrowing will be repaid by taxpayers, later.

  5. Surely the obvious response to this would be to make it only apply to SMEs? Or have a different, less generous, scheme for bigger companies.

  6. no shit. It would cost less than £20bn to nationalize the energy companies, but Tory economics says that £150bn is smaller than £20bn.

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