Keith Bibby wrote:Barry
But aren't these industries profitable in public hands in Germany France and china Barry ?
In fact don't the French ,German and china public ,partly own the uk energy utilities
What we have is good old fashion theft of public assets ,Soled of by the conservative party
The energy networks was stolen ,,asset striped by your friends, now prices are rocketing and the people are waking up to the what the conservatives did
Are you personally profiting from shears in uk utilities??
Find out the meaning of the word 'asset'. Publicly owned, more accurately described as government owned commercial operations are and always have been poorly run liabilities not assets. Privatisation turns these liabilities into what really are publicly owned assets through share ownership. If you have a pension or Stocks & Shares ISA you will be benefiting from such ownership even when, nominally, the company is a French or German one in our global economy.
It certainly is a pity Blair sold Mrs Thatcher's 'golden share' that was designed to retain utilities in British ownership but we cannot cry over spilt milk.
Prices may be rocketing but that is because of two things - government green levies (started by Labour) and world energy prices caused by demand and supply. If you think some kind of renationalisation will solve that then you are mistaken. The French are lucky, something like 80% of their electricity is derived from nuclear power so they are less vulnerable to the higher prices for other forms of power incidentally.