The question I want to ask is why do people seem to hate it when companies make good profits?
Think about it. The main reason why people go into business is to make money. If they do a better job of things, then they make more money, it’s a simple rule. Take British Gas today for example. They cut their prices, but due to the worst Winter for 30 years, their profits rose 98% to £585m. But, as they released the data, people started calling for bigger price cuts, attacking the amount of money British Gas made. There was a point British Gas did make which I thought summed things up nicely. They said that companies have to make profits to help pay for new power stations to replace the old decaying ones. If a company makes no profit, there is nothing to reinvest back into the company.
So people, unless you want services and infrastructure to decay and become run down, let companies make their profits. The bigger they are, the more money they can reinvest. In theory we will benefit from better services.