www.thetimes.com/uk/royal-fam...
www.thetimes.com/uk/royal-fam...
Are we facing market failure here? I wouldn't be averse to gov. investment / nationalisation of some of this infrastructure to normalise prices, but short of that what options are there?
Each kilowatt hour of electricity now costs 50 per cent more than it did at the peak of the energy crisis in January 2023, despite wholesale electricity prices falling 54 per cent since.
Read more:
https://buff.ly/4h95WlX
Are we facing market failure here? I wouldn't be averse to gov. investment / nationalisation of some of this infrastructure to normalise prices, but short of that what options are there?
$1.3bn revenue
$818m gross profit
$172m paid in tax, most of it to the UK Treasury
All thanks to a very horny Essex man and his City banker father for selling the business to a mysterious Ukrainian-American who decided to keep the business registered in London.