‘Privatisation premium’: billions from UK energy bills paid to shareholders

A recent analysis reveals that a staggering 24.2% of the average UK energy bill was siphoned off as pre-tax profits by major energy companies last year, rather than being reinvested into the industry. This means that the UK public has effectively paid £200 billion to shareholders of key industries since privatization. This situation raises serious concerns about the impact of privatization on energy costs and the overall economy, as consumers are left to bear the burden while profits are funneled away from essential services.