Competitive Pricing

The chief executive of EDF Energy, Vincent de Rivaz, has called upon the public to trust the energy industry more, and as a sign of good faith the company has raised its electricity and gas prices just in time for the winter. As the country's most complained-about power company, EDF took the sensible precaution of waiting for the other five major fuel poverty profiteers to raise their own prices in order to gain a better idea of what it could get away with, in accordance with the law of competition. "We have absorbed rising wholesale energy, network and other costs as long as possible," proclaimed de Rivaz, the term possible being used in the corporate sense of compatible with the level of dividend payouts and executive bonuses to which we have become accustomed; "but must reluctantly now pass some of these through to consumers." It is as yet unclear how many proles will be able to keep themselves warm on the reluctance of Vincent de Rivaz, but no doubt it's the thought that counts.

Me at Poetry-24
Davey's Not For Turning