In August, the Financial Times estimated that if a buyer was not found for Bulb the cost to the public purse could have reached £4 billion by spring next year, although transfer of ownership has now been agreed. Does the hon. Member share my concern that bailing out privately owned companies in this way could have a catastrophic impact on the public finances, whereas nationalising them could be much cheaper?
Public Ownership of Energy Companies
Proceeding contribution from
Margaret Ferrier
(Independent (affiliation))
in the House of Commons on Monday, 31 October 2022.
It occurred during Backbench debate
and
e-petition debate on Public Ownership of Energy Companies.
Type
Proceeding contribution
Reference
721 c247WH 
Session
2022-23
Chamber / Committee
Westminster Hall
Subjects
Librarians' tools
Timestamp
2023-01-30 14:19:25 +0000
URI
http://hansard.intranet.data.parliament.uk/Commons/2022-10-31/22103130000012
In Indexing
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In Solr
https://search.parliament.uk/claw/solr/?id=http://hansard.intranet.data.parliament.uk/Commons/2022-10-31/22103130000012