IS THIS HOW IT WORKS.... CORPORATES CAN DICTATE TO GOVERNMENTS...Hmm Some of Britains biggest energy retailers are expected to rule out price cuts ahead of the General Election amid an intensifying political row over Labours vow to impose a 20-month price freeze. Sky News has learnt that a number of major suppliers will tell ministers in the coming weeks that the time horizons over which they set tariffs render a pre-election cut illogical and impractical despite the falling oil price and declining cost of wholesale gas. They plan to respond to a letter from Matthew Hancock, the Business, Energy and Enterprise Minister, who wrote to the six companies this weekend to demand that prices should be slashed. Wholesale gas prices have been falling for months, and are now 30% lower than this time last year, he wrote.
Posted on: Sun, 11 Jan 2015 21:15:54 +0000
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