Somehow the supermarkets would limit those prices in return for the government waiving certain restrictions.

Having talked to the supermarket bosses, they almost all say this is completely and utterly barking mad.

Clear message to people, isn't it? The government is going to make your shopping bill not get any bigger. The reality is it probably would put it up. Andy Burnham is the Messiah. He's going to solve everything.

And this has been the problem with water privatisation as why it should never have been privatised in the first place.

The process, this kind of essentially deregulation has cost £134 million.

Will it reap the rewards that you want? It's a show, quite literally.

Support for this episode comes from Octopus Energy and the founder and CEO Greg Jackson is with us now.

And I want to ask about oil prices. Obviously, they're very high at the moment. What's your advice for a

company worried about them? First of all, if you use a lot of electricity, it may be possible to get electricity tariffs

where you get charged less at certain times a day. And a lot of businesses have been able to

benefit by shifting their electricity consumption. They still use as much energy. They just pay less

for it. Of course, things like heating space can be very

expensive and finding ways to do that more efficiently by heating to maybe 18 degrees rather than

21 can make a very big difference. But of course, look, the real solution is that Britain

needs to escape from this dependence on the global fossil fuel price.

And that means more electrification, disconnect our electricity price from the gas price,

and ultimately get more of electricity from British resources.

Nice one, Greg. Thanks for explaining that.

Right, we're going to go to the episode.

This episode is brought to you by Shopify.

Now these days, it's all about who you work with.

You know, I couldn't imagine doing this podcast without Robert Peston.

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