Energy infrastructure companies in the UK have reportedly accumulated nearly £4bn in excess profits over the last four years, according to analysis by Citizens Advice. The consumer charity has assisted nearly 700,000 individuals struggling with utility bills, with over five million households in debt to their suppliers due to increased energy costs following the Ukraine-Russia conflict. Energy network companies, which are monopolies regulated by Ofgem, have allegedly profited from high inflation and the cost-of-living crisis by setting network charges that make up around 25% of a typical fuel bill, covering the costs of maintaining and operating crucial infrastructure.
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Sir Elton John and Simon Cowell call for creative talent to be protected from AI
Sir Elton John and Simon Cowell are urging the government to reconsider relaxing copyright rules to protect creative talent from AI, supporting a campaign against plans allowing big firms to use online material without compensating creators. Sir Elton warned that the proposal could jeopardize the UK's creative sector's global reputation, emphasizing the importance of copyright protection in supporting economic growth. Simon Cowell also expressed concerns about the potential impact on artists and industry professionals if...
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