Qualified advisers answering your
Financial Questions
call 0800 092 1245

Why should the State bail out householders?

As the situation in the energy markets becomes critical some people are actually asking why the State should be expected to bailout householders in the UK. Is it really the States role to help the population?

Those who are asking this question seem to forget the State collects massive taxes from the UK population for events such as the energy crisis, local services and the general running of government. There is also the small fact that while energy prices continue pushing further and further ahead the government's tax collection on these payments goes up and up. Not only are the companies themselves already being taxed but the end users are also being taxed.

The whole situation goes back to the decision to float the energy companies on the stock market and introduce a new party to the equation - shareholders. However, if there had been sufficient controls in place and the regulators really had 'teeth' would we be in the current mess we are in now?

While many of the current problems in the UK economy are down to mismanagement of the economy over the last decade, there is also a claim that market forces have moved against the UK consumer.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details