Ahh good, so that can help to balance out the BBC News article this morning [Thames Water running out of time to secure rescue as debt swells – BBC News](https://www.bbc.co.uk/news/articles/clyx179pvgno)
Taking the piss and pumping it back into our waters.
Dedsnotdead on
OFWAT doing what it needs to do, just not for Consumers.
Ok-Commission-7825 on
I’ve just arrived here from a “why is nobody supporting Labour? give them time” post. This sums it up perfectly, it’s one of those “If I was in charge I’d put a stop to…” things that 99% of people can agree on but the empty shell of “Labour” chose to ignore.
The question isn’t why anyone would not support one party that openly rewards such massive and blatant corruption, but why they did support another party (Cons) that did for so long.
Lost-Droids on
Were they not supposed to be using all that extra money to fix issues..
d0ey on
This bit way down in the article should be a real hammer to everyone:
“Thames Water also revealed it had paid £57m during the six-month period in fees for advisers on the process such as bankers, lawyers and public relations consultants.”
That’s such a huge amount of money in 6 months – that’s £10m a month and more than 10% of it’s net profit just evaporated. That’s a company in the death throws and frankly it would be kinder for UK government to just put it out of its misery
mrafinch on
They presumably run on *razor thin* margins and we should be thankful for that
(/s)
giletlover on
They are laughing at us – anyone that defends this hasn’t got a clue.
That high water bill leaving you less money for anything else? Going to profits and dividends.
What is it not going to? Fixing infrastructure, building reservoirs, stopping shit going into our water.
Read_TOF on
When will it hit the point we just re-nationalise water and be done with it?
vicott on
Is tha a thousand pounds per each ton of shit they dump into our rivers?
9 Comments
Ahh good, so that can help to balance out the BBC News article this morning [Thames Water running out of time to secure rescue as debt swells – BBC News](https://www.bbc.co.uk/news/articles/clyx179pvgno)
Taking the piss and pumping it back into our waters.
OFWAT doing what it needs to do, just not for Consumers.
I’ve just arrived here from a “why is nobody supporting Labour? give them time” post. This sums it up perfectly, it’s one of those “If I was in charge I’d put a stop to…” things that 99% of people can agree on but the empty shell of “Labour” chose to ignore.
The question isn’t why anyone would not support one party that openly rewards such massive and blatant corruption, but why they did support another party (Cons) that did for so long.
Were they not supposed to be using all that extra money to fix issues..
This bit way down in the article should be a real hammer to everyone:
“Thames Water also revealed it had paid £57m during the six-month period in fees for advisers on the process such as bankers, lawyers and public relations consultants.”
That’s such a huge amount of money in 6 months – that’s £10m a month and more than 10% of it’s net profit just evaporated. That’s a company in the death throws and frankly it would be kinder for UK government to just put it out of its misery
They presumably run on *razor thin* margins and we should be thankful for that
(/s)
They are laughing at us – anyone that defends this hasn’t got a clue.
That high water bill leaving you less money for anything else? Going to profits and dividends.
What is it not going to? Fixing infrastructure, building reservoirs, stopping shit going into our water.
When will it hit the point we just re-nationalise water and be done with it?
Is tha a thousand pounds per each ton of shit they dump into our rivers?