I am very curious as to how easyjet can hedge their jet fuel purchases to provide stable prices for passenger fares right up to possibly mid 2014 (yes, 2014). This, bearing in mind their fuel often originates from mad, despotic countries ruled by nutters, not perhaps the best atmosphere to try and lock down prices from. However, Angela Knight, the chief "makey-upperer" from Energy UK, has issued a warning via a laborious interview on the Today programme [where she failed to answer even one direct question, ending up sounding like a tape-loop impression – and a pretty weak and hackneyed one at that]. She thinks (well she would do at the salary she’s pulling in from those energy sharks) that the government's proposals on reducing the energy customer-robbing suppliers totally confusing tariffs won’t work. By reducing them to just four relatively easy ones to get on with, she says this could mean the end of some of the cheap deals currently on offer! (I have no doubt th...
On my soapbox again!