Energy exec’s lame excuse for 47% pay rise as our bills are set to more-than-double
Alistair Phillips-Davies: he’ll be raking it in while you rake over the coals for a little more heat.
Apparently the chief executive of energy firm SSE can’t do anything about the massive 47 per cent pay hike he enjoyed this year – to £4.5 million – because his salary is set independently.
In 2016, his pay was £1.7 million – which is still far too much. But the next year (2017) his pay had risen by 72 per cent to £2.9 million. It seems that trend has continued ever since.
Just think how much money has gone to bosses like him, and shareholders, altogether. Enough to fund a complete change of direction to renewables, perhaps? But they didn’t bother because they were greedy and wanted the cash for themselves. Am I right?
No doubt that will be a huge comfort to his millions of customers who will be freezing in their own homes this winter because they chose to eat food that day instead of staying warm and can’t afford to do both because of the huge hike in energy bills that pays this man’s wages.
I can just hear the conversations over the cold and lifeless hearths: “Why do we have to freeze while Alistair Phillips-Davies rakes in £4.5 million a year?”
“Ah, well – his pay is set independently so there’s nothing he can do about it.”
(I think somehow the actual conversations may run a little differently!)
Here’s the clip:
If this man’s wages really are set independently, it proves only one thing:
The system is corrupt from the bottom to the top.
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SSE handled their business so poorly that it had to be bought out by OVO. Apparently this is partly why OVO has had seriously expensive outgoings and took ages to pick up the slack. It’s hard to avoid the conclusion that, as an OVO customer, I’m picking up some of SSE’s mess.
Why has this man still got a job at all? He’s surplus to requirement.
The Tories need hammering hard for the incompetently privatised energy sector, the privatisation of which was rushed through to obtain short-term political gain. Same for our filthy water industry. Same for railways…. And the same, most disgracefully for the pension sector.