paulr

Yep, that's foreign ownership for you. Money that should either,

1. Be used to lower bills
2. Reinvested
3. Stay in this country.

SJ_Skyline

http://www.bbc.co.uk/news/uk-scotlan...iness-23270146

Not to mention that the payout to the parent company, which if distributed to shareholders as you imply, will benefit pension funds.

paulr

We are prostituting ourselves to the world, yet no one seems bothered.

jonc

That's because it will just be the Scottish who are prostituting themselves soon when they declare independence.

paulr

They won't.

Chip

On a turnover of around 800 billion what's so wrong with that. They created thousands of jobs, paid millons in tax and invested a billion on infrastructure. A good result i would say.

hodgy0_2

Really!!,


Bollox

f1_fan

iTrader: (9)

That's the price of energy under privatisation

daviee

Good result like earning 800quid and saying to your boss have a pound back and reinvest it. The jobs created are the second one you will need to pay your power bills. Our Maggie done good, selling off the family silver.

warrenm2

Arrrggg, please stop showing off your ignorance in public, every time you say something stupid, a small kitten dies. THINK OF THE KITTENS!

jonc

When Powergen was created (a British company then) as part of the privatization of electricity, it went on to become one of the most commercially efficient power generators in the world, fixed costs went down and productivity went by 150%. It also invested £1.1bn to build much cleaner and more efficient power stations. We no longer experience the frequent power cuts of the seventies and with privatization it brought in competition. We currently have over 30 suppliers so you can pick and choose your supplier and tariff that suits your needs, go to uswitch for example to see who can supply you energy cheaper.

Chip

Oops, 8 billion, which you would have known anyway.

Leslie

Most of our utilities will go the same way,if not already!

Les