Fuel prices (1 Viewer)

OffenhamSkyBlue · Jul 4, 2023

JAM See said:
But, but, but...Those profits are paid as dividends which go into your pensions.

Rinse and repeat.

Same as the utility companies. Everyone was welcoming the impending demise of Thames Water last week, but the parent company is mostly owned by pension funds (20% by the Universities Superannuation Scheme, the largest pension fund in the UK), so many will suffer in the long run if it is simply allowed to fail!

shmmeee · Jul 4, 2023

OffenhamSkyBlue said:
Same as the utility companies. Everyone was welcoming the impending demise of Thames Water last week, but the parent company is mostly owned by pension funds (20% by the Universities Superannuation Scheme, the largest pension fund in the UK), so many will suffer in the long run if it is simply allowed to fail!

Crazy idea but maybe we shouldn’t be gambling huge amounts of our future wealth on the success of particular businesses.

Sky_Blue_Dreamer · Jul 4, 2023

OffenhamSkyBlue said:
I remember a time not so long ago when the supermarkets were being criticised by the CMA for selling fuel at next-to-no margin whatsoever, and forcing independents out of business. They really can't win, can they?

Well they can, and pretty much do. It's no like they were selling it at that price for the good of the consumer.

They were selling it at next to no margin because they could absorb it with the intention of driving independents out of business, thus reducing choice and allowing them price control. Once that was achieved ramp up the prices and make huge profits.

Mild-Mannered Janitor · Jul 4, 2023

Amazimg how they can muck it up. Monopoly business, every client needs it and has to pay for it, unbelievably shit management and company if you cannot get that right which is why the pension firms go big on what should be cash cow profit printing companies.

thekidfromstrettoncamp · Jul 6, 2023

Why the difference of 5p a litre between Bedworth and Coventry?

PVA · Jul 6, 2023

thekidfromstrettoncamp said:
Why the difference of 5p a litre between Bedworth and Coventry?

I think it just depends on how many petrol stations are in any given area.

Fuel prices (1 Viewer)

OffenhamSkyBlue

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shmmeee

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Sky_Blue_Dreamer

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Mild-Mannered Janitor

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thekidfromstrettoncamp

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PVA

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Fuel prices (1 Viewer)

OffenhamSkyBlue

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shmmeee

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Sky_Blue_Dreamer

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Mild-Mannered Janitor

Kindest Bloke on CCFC / Maker of CCFC Dreams

thekidfromstrettoncamp

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PVA

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