Who benefits from higher fuel costs?

SINCE our government increased the cost of gas and petrol which consumers must pay, and citizens understand that money is departing from their bank balances, why are they not sufficiently intelligent to discover where those vast sums of money are going to, and the damage it will cause to the economy?

It all goes in one direction, in line with Conservative economics, easily observed by honest people,

even if right wing media do conceal the facts. This section of the nation’s resources, in the form of increased prices, is moving from the ‘productive section’ of the UK population, those who work for a salary, to the profits of energy corporations, forward to the bank balances of shareholders of those companies, as dividends decreed by directors.

What will and can those shareholders do with such a bonanza, since this government rejected the suggestion of taxing those huge profits, as a method to use public money to serve public and national needs of all UK citizens, meals for children who depend on food banks, and homes, for every family to own with pride?

The shareholders will divert that colossal wealth to serve their own personal interests, to purchase more shares in housing and property, to derive increased income as rent, out of the productive classes, where some presently are ‘home-owners’, as a hopeful basis for family life in Britain. This deprivation has been Conservative policy for 200 years. Only fools without principles are led by charlatans with slogans.

C N Westerman Brynna, South Wales