Thames Water burns through £15mn a month on lawyers and advisers
https://www.ft.com/content/40b545a0-b250-42d6-acf2-bd765d1ec265
Posted by F0urLeafCl0ver
Thames Water burns through £15mn a month on lawyers and advisers
https://www.ft.com/content/40b545a0-b250-42d6-acf2-bd765d1ec265
Posted by F0urLeafCl0ver
15 Comments
‘burns through’
If only they had a way to put that out..
“Purposefully hands money to their mates”, would be more accurate.
There should never be any further bailouts allowed to this company so long as they remain corrupt and incompetent at their jobs.
So that must be around 400-500k people paying for that through bills?
We need to let these water companies go bust and then nationalise them.
The question really is why does legal advice cost so much? We are always hearing how much companies, councils and government are paying for legal advice and consultants. The only people gaining here are the solicitors lawyers and barristers. And yet we hear of barristers who can barely make a living. Someone here is on a gravy train and it needs to stop.
Why do I get ads from them on YouTube? Firstly, it’s a fucking monopoly, I can’t choose to change water provider. Second, i dont want you to waste money telling me how much of an amazing job you are doing whilst you are pumping shit into rivers and giving double digit percentage rate increases.
“Stop flooding rivers with shit!”
Theres some free advice for them.
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Oh no! Why won’t someone think of the shareholders!
To consider £15mn a month a good expenditure, there must be £50 – £70mn worth of claims against Thames Water.
Happy customers?
It’s so bullshit how there’s only one water provider per area. If it was government run that’d be OK because at least then the money goes somewhat back into the coffers. But as a single private company we’re forced to put up with this shit with no recourse.
No more public money to these water companies. If they can’t stand on their own ,nationalise them so no money goes to shareholders and they actually fix things
Something really needs to be done but I dont know what at this point. It might be better nationalised but I dont really trust the government either to not mess it up
That’s equivalent to 395,000 families monthly bill, just to cover up and lie about how much sewage they dump in our rivers
Nationalisation without compensation is the only answer here.