SSP Research, Policy & Media Unit
Press Release: 11/08/05
SSP: Scottish Power is a legalised extortion racket
Scottish Socialist Party national convenor Colin Fox today accused Scottish Power of being no better than a legalised money extortion business after the company announced that it had made £147 million pounds profit in just three months.
Colin said;
“It is absolutely stomach churning that Scottish Power are raking in massive profits when all across Scotland low paid workers and pensioners struggle every week to pay their energy bills.
We all know that come winter time there will be pensioners who die because they cannot afford to adequately heat their homes.
“Scottish Power is no better than a legalised money extortion business, preying on the most vulnerable members of society in order to line their shareholders pockets.
"The fact that the poorest Scots have to pay more for their energy through pre-payment meters while the better off get discounts by other payment methods is an absolute disgrace.
“Scottish Power must be brought back into public ownership immediately; the continued existence of this privatised utility is an obscenity in the 21st century.”
[ends]
