Quote from: johnnycool on Today at 08:27:07 AMYeah all the Brits have to do is look at the other side of the North Sea and how Norway have managed it and the sovereign wealth funds they've piled up.Quote from: seafoid on Today at 08:15:20 AMhttps://www.telegraph.co.uk/business/2026/04/14/britain-to-suffer-biggest-economic-shock-in-g7-from-energy/
Britain faces the biggest economic shock in the G7 this year, the International Monetary Fund (IMF) has warned.
In a triple blow for Rachel Reeves, the IMF cut its UK growth forecasts for this year and next, warned of the highest inflation in the G7 and predicted one of the smallest increases in living standards in the world
That's Thatchers privatisation for you.
Most of the UK's key infrastructure and resources were sold off, so the likes of the North Sea oil and gas is owned by private companies selling on the global market and that extortionate cost is passed onto the consumer. The UK has some of the highest energy costs in Europe.
Whereas the French in particular still have a lot of their electricity generation etc part owned by the government so can control the cost of energy much better.