Electricity company boss is quoted as saying "that delivering above inflation rate rise in the company's share dividend is his top priority" . This guy seems to me to be proud of ripping off his customers to the benefit of his shareholders. I bet his pay is linked to the share price, but as the shareholders have to approve his over the top salary rise I guess all this is no surprise!
See the full report here http://www.walesonline.co.uk/business-in-wales/business-news/2011/05/21/energy-price-pain-lies-ahead-while-profits-and-dividends-rise-again-91466-28734663/
The link there is just one example of an Electricity Company's profits, I have taken a look at British Gas, BT (as you know from my earlier blog), and several other companies all listed in the TOP 6, boasting of course FTSE 100 - of course they're in the bloody FTSE 100, with money like that where else are they going to be?
Are we as a nation so indoctrinated to just 'put up and shut up', watching 1% of the UK being so overly rich when 99% of the Country can barely survive?
This greed that this 1% have is sickening to the core, of course the shareholders won't think that way. Greed has caused a global recession not just a UK recession, and inevitably this greed will breed to eventually bring this Country to its already scuffed and bruised knees.
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