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BBCNEWS Newscast October 8, 2021 00:37:00 - Vimarsana News

BBCNEWS Newscast October 8, 2021 00:37:00

They have already gone up 12%. there is nothing _ they have already gone up 12%. there is nothing like _ they have already gone up 12%. there is nothing like this, - they have already gone up 12%. there is nothing like this, and i there is nothing like this, and i there is nothing like this, and i don't — there is nothing like this, and i don't normally— there is nothing like this, and i don't normally defend - there is nothing like this, andi i don't normally defend energy companies, _ idon't normally defend energy companies. my— i don't normally defend energy companies, myjob _ i don't...

BBCNEWS Newscast October 8, 2021 20:38:00 - Vimarsana News

BBCNEWS Newscast October 8, 2021 20:38:00

Companies, myjob is to look. after the consumer, - but i do find it somewhat... i have a wry smile when, - what the government has said is, "we won't support failed business models," about all the energy - companies that are failing, - when the price cap is effectively forcing them to sell energy at 30% below their cost. i i'm not sure you can say that's a failed business model. - yes, some of them should have hedged and hedged better, - but not all of them. and what it's going to do is, the government believes . in a competitive market in energy, | well, you're absolutely destroying | the com...