Having committed to interfering with the energy industry should his party win the next general election, Ed Miliband is now threatening to get involved in the banks.
No one can support overcharging by the energy companies or profligacy in the banks, but one suspects that the truth of both issues is nowhere near what Miliband would have us believe. The banking crisis was, undoubtedly, a partial consequence of the actions of those banks, though it's also the case that the Labour government had its greasy and grubby hands deep in that particular mire too. As for the energy companies, I'm far from convinced that they do overcharge to the extent that is claimed, though they certainly do make their tariffs and bills as confusing as they can.
Whatever the shortcomings of these major industries, the one thing that would be guaranteed to make them less efficient, less commercial and less reliable would be more government interference in their running.
Same old Labour, same old meddling and same old mess.
No comments:
Post a Comment