Price Cap
A term used by corrupt governments to regulate how much companies can bend over their customers and spread those cheeks.
British energy suppliers: “We want to f*** our customers and charge them even more money because we can.”
UK Government: “No problem we will just increase the price cap. How much do you want to charge them?”
British energy suppliers: “Thanks, a 300% increase should be enough. Can’t wait to announce record profits.”
UK Government: “No problem we will just increase the price cap. How much do you want to charge them?”
British energy suppliers: “Thanks, a 300% increase should be enough. Can’t wait to announce record profits.”