Monday, July 28, 2008

Clegg highlights scandal of energy price rises

Nick Clegg is quite right to point out the scandal of EDF energy price rises and their impact on the elderly and vulnerable:

When one company raises its prices the others soon follow suit. At a time when energy companies are enjoying a £9bn windfall, it is unacceptable that they can continue to squeeze more profits out of people who are already struggling.

With rises of the order of 22% and 17%, many people will be left between a rock and a hard place.

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