Link to this page: https://secure.socialistparty.org.uk/issue/1144/32891
From The Socialist newspaper, 11 August 2021
Fight energy price hike
Nationalise the big energy companies! (Click to enlarge)
John Merrell, Leicester Socialist Party
The eleven million households on default energy tariffs will face a £139 price hike on their bills from October, £153 for the four million pre-payment meters. Two million energy customers are already behind on their bills, and six million fear being so.
Ofgem, the energy regulator, has given the green light for gas and electricity suppliers to increase their prices citing a rise in wholesale costs. After a worldwide economic shutdown in response to Covid-19, wholesale fuel prices fell. Now, as economies open up, they are rising again.
The energy price cap introduced in 2018 was supposed to stop energy companies ripping customers off. But the cap is now set at its highest ever level! One of Britain's largest energy companies, British Gas has doubled its profits in the first half of this year, the same period in which they have attacked their workers, using 'fire-and-rehire'. The price rise is simply profiteering at the public's expense.
Private companies, like previously publicly owned British Gas, cannot be left to run the industry. The energy companies must be nationalised under democratic workers' control and management, with compensation only to those proven to need it. Only then can energy prices and production be decided in the interests of the working class and environment rather than greedy bosses.
Meanwhile, the Tory government, representing the interests of the bosses, has announced plans for a carbon reduction scheme to push gas bills up further to try to incentivise heat pump installation.
The TUC conference convenes next month when furlough and the Universal Credit £20 per week uplift end, and many public sector workers face a 'pay freeze' in a period of rising inflation. The trade union leaders must reverse the Tory message of 'make the workers pay'. Instead, put people before profits by adopting a fighting socialist programme to make the bosses pay!
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In The Socialist 11 August 2021:
Defend the NHS. Fight the Tory pay insult. Prepare strike action!
NHS: Kick out the privatisers, Fight for funding, Build for strike action
Tory government nationalises Sheffield steel plant
Tory cuts worsened crime and Johnson 'blitz' won't help
Fight energy price hike
Thanks to the miners - an example of workers' struggle and solidarity
News in brief
Olympic 'success' masks cuts and inequality in sport
Starmer's faithful Guardian
Capitalism = climate catastrophe
Rising against a rigged and rotten system - Socialism 2021
London Pride cancelled - pandemic shows protest Pride is necessary
London: Hundreds protest for trans rights
Save Newham's theatres from Labour council cuts!
Socialist Party young members summer school
A day in the life of a young hospitality worker
West Midlands: austerity and capitalism offers no future for young people
Why I joined the Socialist Party
Don't privatise Dudley libraries
Socialist Party: Solely funded by the working class
Review - The Struggle for World Socialism
Waltham Forest: Fighting for a home for Nadia and homes for all
August 1991 - The aborted military coup in the 'Soviet Union'
Ballot majority essential to continue DVLA strike action
Night tube strike suspended to allow talks - scrap compulsory duties!
RMT strike solid on East Midlands rail
You need a union when the time comes to fight
Unions protest at exploitative Leicester company Food Attraction
Over 3,000 votes for fighting socialist programme in CWU
NSSN to lobby TUC
Beirut's devastating port explosion one year on
The Socialist 11 August 2021 |
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