Sir Kier Starmer sent a strong message to the UK Energy Providers with an underlying threat made at the Labour Party Conference yesterday. If Labour gets elected it will set up a new publicly owned Energy Provider that will be in direct competition with the current UK Energy Providers. However it will be run for the benefit of the public and not as a privatised enterprise. This was initially my idea that I provided to the Labour Party on 19th October 2017. See my post http://havemysay.me.uk/competition-is-the-way-forward-for-the-public-ownership-of-gas-and-electricity-in-britain
Let’s get an Energy Company that works for Britain: instead of outside interests
So this was originally my idea of setting up a Government owned Energy Company offering direct competition to the current suppliers with the aim of putting them out of business. So instead of raising public funds to re-nationalise we can actually put them out of business instead without having to pay any compensation to shareholders. Even though Sir Kier Starmer didn’t mention putting them out of business that is surely the ultimate aim. Clearing the way for Britain to at last and again be in total charge of it’s energy provision. Let’s finally rid ourselves of outside interests from other countries leaching on our energy markets. Let’s stop subsidising other countries and standing by while they benefit from our subsidiaries. Let’s get an energy market that works for Britain and Britain alone.
It could be though of as re-nationalisation by stealth and uses Thatcher’s own policies of market competition to re-nationalise and take Energy Provision back into Public Ownership. This was my idea and it has obviously been taken on by Sir Kier and the Labour Party.
Should the Energy Providers be worried: you bet they should
So should the UK’S Energy Providers should be worried: you bet they should. The public image of these companies are that they are greedy and exploitative and those that endorse them ( the Tories) are tarred with the same brush. It’s time to sweep them aside by taking all their customers by offering a better deal from a government owned Energy Provider working for the benefit of all UK citizens and putting profits back at the disposal of the UK Government. This is Thatcherism in reverse at long last so that the greedy UK Energy Providers get put out of business using the very policies of competition that brought them into being in the first place. At long last Sir Kier Starmer has the clear thinking to finally offer some new thinking to tackle the long entrenched, outdated and discredited policies of Thatcherism. With a little help from me of course.