There has been serious economic mismanagement of companies, leading to unsustainable levels of debt and a high price for consumers. This situation must be resolved and a culture of relying on debt must never be allowed to 47 arise again. Since investment levels and revenues in the sector have clearly not been high enough, debt is likely going towards day-to-day expenditure as well as capital costs, which would be an irresponsible approach. A new understanding is needed about how bill revenues and debt are used. Companies and shareholders have demonstrated that stronger guardrails are needed to prevent the ratcheting up of debt to the point of financial instability while dividends continue to be paid. (Conclusion, Paragraph 25)