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    Another part of the problem is that pension-funds buy shares in these companies and the pension funds then pay out the pensions - I know it's obvious, but if there are no profits, there's no (or greatly reduced) pensions.

    I think that maybe Peter's idea of the various utility companies being mutualised, instead of privatised and the stakeholders (the users) not being taken for a ride.

    I'm sure if there weren't utility companies to buy shares in, they'd buy other company shares.



    Roger

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