Heat the Rich? Part three: Octopus Energy

Corporate Watch

Throughout October and November Corporate Watch will be taking a critical look at the top six UK energy suppliers, in solidarity with the millions of people who are struggling to keep warm now that energy bills have risen once again.

We ask: who is profiting from supplying our energy? How much are the bosses getting paid? and how have these companies been cosying up to government?

We hope that our research can be a useful resource for those organising towards a mass non-payment of energy bills.

We will be releasing our alternative company profiles of the Big Six energy suppliers in reverse order over the coming weeks. You can see our profiles on Scottish Power and EDF here. Next up?

No.4 Octopus Energy

Octopus Energy Ltd is the fourth biggest energy supplier in the UK currently controlling around 11% of the energy supply market. It is the newest supplier in the big six, trendy enough to be reviewed by Vogue and posed as a ‘solution’ to “a broken, inefficient market”.

Originally launched in the UK in 2016, Octopus Energy Group Ltd now operates in 13 other countries with 23 million customer accounts. Its model is supposedly a “cheap green energy system” funded by “high sums of investment”.

But the Octopus name is not limited to the energy market. In 2018, it was listed as managing over £7 billion in assets with over 50,000 investors, Since then, it’s continued to grow, Octopus now operates eight distinct businesses: Octopus Energy, Octopus Investments, Octopus Healthcare, Octopus Ventures, Octopus Real Estate, Octopus Moneycoach, Octopus Renewables, Seccl and Octopus Wealth.

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Austerity is Class War!

AnarCom Network

There is no longer anything stealthy about the war currently being waged against our class. Truss the clueless has gone and the gloves are off. The extremists are taking control.

Outrageous figures concerning interest rate usury, income attack inflation, and debt enslavement are flying around all over the place. We don’t want to compete with the bourgeois press in simple reportage. We are commenting instead as revolutionists on the class nature of this assault.

The headline rate of inflation may have just topped 10%,but the inflation rate of staples for oursurvival, cereals, bread, pasta, dairy produce and vegetables etc. is already nearly double that. And that’s not counting heating, finance and housing costs.

The government is attacking our resistance on two fronts. One, by the lie that strikers are selfish by risking fuelling wage driven inflation. Two, by planning urgent legislation to limit our ability to fight back, using the…

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DRB 2023 Planning meeting 12th November 2022 at 4:30 p.m.

So, if you want a bookfair next year, step up.

Anarchy in the Sticks!

Comrades, we are meeting together with our co-sponsors Dorset IWW on Saturday 12th November, 16:30 at Obsidian Cafe, 14 Sea Road, Boscombe, BH5 1DB which will be open to all interested parties.

We are looking into spreading next year’s event across three adjacent venues in Boscombe so we need at least ten volunteers.

Anyone who wants to be involved will need to either come to this meeting, or if they cannot, please send us an e-mail to say what tasks you would like to take on and any dates you will not be available.

There will not be a Dorset Radical Bookfair in 2023 unless we get enough people to commit to it now, so it’s up to you.

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Jacob Rees-Mogg rules out local referendums on fracking and says shale gas companies could canvas door-door!

DRILL OR DROP?

 

The business secretary has rejected local referendums as a measure of public consent for fracking.

Jacob Rees-Mogg (right) at Conservative Party Conference Fringe event with Chris Hope Photo: Telegraph

Jacob Rees-Mogg suggested that shale gas companies could instead canvass door-to-door for support. Speaking at a fringe event at the Conservative conference, he said: “I don’t think local referendums are necessarily the

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Zelensky and NATO Plan to Transform Post-War Ukraine Into ‘a Big Israel’

By Alex Rubinstein Toward Freedom

Ukrainian President Volodomyr Zelensky (left) with former Israeli Prime Minister Benjamin Netanyahu. Background: Israeli flag / credit: Toward Freedom photo illustration

Editor’s Note: This article was first published in The Grayzone.

Just forty days after Russia’s military campaign began inside Ukraine, Ukrainian President Vlodymyr Zelensky told reporters that in the future, his country would be like “a big Israel.” The following day, one of Israel’s top promoters in the Democratic Party published an op-ed in NATO’s official think tank exploring how that could be executed.

Zelensky made his prediction while speaking to reporters on April 5, rejecting the idea that Kiev would remain neutral in future conflicts between NATO, the European Union, and Russia. According to Zelensky, his country would never be like Switzerland (which coincidentally abandoned its Napoleon-era tradition of nonalignment by sanctioning Russia in response to its February invasion).

“We cannot talk about ‘Switzerland of the future,’” the president informed reporters. “But we will definitely become a ‘big Israel’ with its own face.”

For those wondering what a “big Israel” would actually look like, Zelensky quickly elaborated on his disturbing prophecy.

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