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    Harry this fat cat thing is a fallacy. Today at a meeting we had an economic briefing and one factor mentioned was that our gas companies are buying gas 'futures' at price that is 66% higher than consumers are currently paying. That indicates that the price we pay will go up next winter and this is nothing to do with how our gas companies are owned, its the world market. You cannot buck the market.

    The bare fact is that the old nationalised monopoly would have resulted in us paying even higher power bills than we are. The old nationalised companies were inefficient monopolies and expensive on top of which they also would be hostages of world prices.

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