Why would ‘nationalisation of all UK utilities‘ lower bills? The shareholders, now our government will still want their cut.
There is another way. Make our „UK utilities“ a not-for-profit. With ant surplus kept by the utility. This surplus can then be invested in repairs, infrastructure, rainy day, training, wages etc.
ProgrammerEconomy503 on
This guy keeps popping up in my feeds etc.. lately and I’m really digging it
Craft_on_draft on
I’m all for it as long as they also get rid of the marginal pricing system.
About 10% of a bill are green levies, so, a plan in place to reduce this in line with the % produced by green methods would be beneficial
SkynBonce on
Nationalise them now, increase Government debt and a tax hike.
4 years later, Farage and Reform, sell them off to lower tax and decrease debt.
Scrapheaper on
I don’t think nationalizing UK utilities will reduce bills.
It’s shitty economics and it’s not true.
denyer-no1-fan on
One aspect about rail nationalisation not often discussed is the privatisation of the rolling stock companies, they are the one renting trains to train operators, which are partially nationalised. If we want a proper nationalised rail system, we need to make sure it’s thorough across the entire industry
chief_bustice on
Nationalise with what money? Poorly thought-through vibes-based bollocks
Wryly_Wiggle_Widget on
Keep speaking Zack, keep giving us some hope that isn’t xenophobic ethnonationalism. We need the alternative and old parties are clearly dead weight against a far right promising the earth.
Ok_Cream2520 on
Yeah, because that will help. What a numpty. Nationalisation isn’t the answer. Regulate utilities fairly and stop them taking the piss. It isn’t hard.
Boring_Gas1397 on
Will increase prices either on bills or taxes. You’ll need to fund the nationalisation as you will pay, you’ll also take the debt they have. Plus, the capex required to do maintenance that is required.
Also, govt will use it as a jobs program and over hire.
Utilities don’t really make much profit on the grand scheme.
mushybees83 on
It’s just pie in the sky in the same way Reform are making populist promises that they can’t keep
vividpup5535 on
I don’t know who you are Zack my friend, but yes please. That would be unreal.
pafrac on
He’s not wrong … then we could dump the profiteering, the rapacious shareholders and the wholesale ignoring of regulations, and just maybe get them to spend money on actual customer service and infrastructure.
Also if the utilities were nationalised then the regulators might actually do what they’re paid to do, instead of kow-towing to the companies they’re supposed to be keeping on the straight and narrow.
EggCustody on
Surely this will lower household bills, but in 50 years time.
Obscure-Oracle on
Surely that is just wishful thinking, would it not mean buying them all out at market value? We are struggling to plug a £20bn black hole so not sure where we ever find the money. If there is an actual nonfictional way to do this then i will happily get behind a party that pushes for such a thing.
bduk92 on
Nationalisation should only happen when a particular business or sector is on it’s arse.
The moment to it passed in 2021-22 during the last energy crisis.
To nationalise them now would be an incredibly expensive endeavour.
We keep getting told green energy will reduce our bills, yet every policy the Green Party come up with seems like it’ll result in bills increasing
Fancy_Airport_3866 on
Makes a lot of sense. Other nations do this and it works well for them.
MythDetector on
Nationalist Reform would rather they were still owned by company controlled by other states like EDF (French state owned energy company). Nationalisation is more „patriotic“ in this context.
Musk_bought_trump on
We should never have sold off North Sea oil in The 80’s
nazrinz3 on
Sounds good but the country is skint as fuck how are we meant to afford nationalisation?
yungsucc on
Economic policy wise, this guy is hitting all the right notes. Shame about everything else.
CapaAbsurda on
Obviously. That’s what Labour was supposed to do but they betrayed us.
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22 Kommentare
Why would ‘nationalisation of all UK utilities‘ lower bills? The shareholders, now our government will still want their cut.
There is another way. Make our „UK utilities“ a not-for-profit. With ant surplus kept by the utility. This surplus can then be invested in repairs, infrastructure, rainy day, training, wages etc.
This guy keeps popping up in my feeds etc.. lately and I’m really digging it
I’m all for it as long as they also get rid of the marginal pricing system.
About 10% of a bill are green levies, so, a plan in place to reduce this in line with the % produced by green methods would be beneficial
Nationalise them now, increase Government debt and a tax hike.
4 years later, Farage and Reform, sell them off to lower tax and decrease debt.
I don’t think nationalizing UK utilities will reduce bills.
It’s shitty economics and it’s not true.
One aspect about rail nationalisation not often discussed is the privatisation of the rolling stock companies, they are the one renting trains to train operators, which are partially nationalised. If we want a proper nationalised rail system, we need to make sure it’s thorough across the entire industry
Nationalise with what money? Poorly thought-through vibes-based bollocks
Keep speaking Zack, keep giving us some hope that isn’t xenophobic ethnonationalism. We need the alternative and old parties are clearly dead weight against a far right promising the earth.
Yeah, because that will help. What a numpty. Nationalisation isn’t the answer. Regulate utilities fairly and stop them taking the piss. It isn’t hard.
Will increase prices either on bills or taxes. You’ll need to fund the nationalisation as you will pay, you’ll also take the debt they have. Plus, the capex required to do maintenance that is required.
Also, govt will use it as a jobs program and over hire.
Utilities don’t really make much profit on the grand scheme.
It’s just pie in the sky in the same way Reform are making populist promises that they can’t keep
I don’t know who you are Zack my friend, but yes please. That would be unreal.
He’s not wrong … then we could dump the profiteering, the rapacious shareholders and the wholesale ignoring of regulations, and just maybe get them to spend money on actual customer service and infrastructure.
Also if the utilities were nationalised then the regulators might actually do what they’re paid to do, instead of kow-towing to the companies they’re supposed to be keeping on the straight and narrow.
Surely this will lower household bills, but in 50 years time.
Surely that is just wishful thinking, would it not mean buying them all out at market value? We are struggling to plug a £20bn black hole so not sure where we ever find the money. If there is an actual nonfictional way to do this then i will happily get behind a party that pushes for such a thing.
Nationalisation should only happen when a particular business or sector is on it’s arse.
The moment to it passed in 2021-22 during the last energy crisis.
To nationalise them now would be an incredibly expensive endeavour.
We keep getting told green energy will reduce our bills, yet every policy the Green Party come up with seems like it’ll result in bills increasing
Makes a lot of sense. Other nations do this and it works well for them.
Nationalist Reform would rather they were still owned by company controlled by other states like EDF (French state owned energy company). Nationalisation is more „patriotic“ in this context.
We should never have sold off North Sea oil in The 80’s
Sounds good but the country is skint as fuck how are we meant to afford nationalisation?
Economic policy wise, this guy is hitting all the right notes. Shame about everything else.
Obviously. That’s what Labour was supposed to do but they betrayed us.