The government is facing increasing pressure to take water into public ownership. - ThreadSky

left-foot-forward.bsky.social • 6 days ago

The government is facing increasing pressure to take water into public ownership.

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gemandmoll.bsky.social•6 days ago

No compensation

milesmaxwell.bsky.social•5 days ago

A genuine question to help me decide whether public ownership is a good idea: if these companies are renationalised, do we (the taxpayers) get saddled with their mountains of debt?

michelleh21.bsky.social•5 days ago

How they’d do it I don’t know but there needs to be a mechanism to recoup all dividends & bonuses paid to these charlatans

pckenny.bsky.social•5 days ago

It should never have been privatised in the first place

agendaforreform.bsky.social•5 days ago

If not all water companies at least nationalise Thames Water, that might force the others into line.

haystackgirl.bsky.social•5 days ago

Another big advert from the private sector on your article. So you’re happy to be funded by private enterprise. Do as I say and all that.

philip-goddard.bsky.social•6 days ago

No compensation! FFS just act in the interests of the majority wish. It's not rocket science and should be a non issue for a Labour Government!

green-oak-tree.bsky.social•5 days ago

Isn't water already in public ownership in Scotland?🤔

anangryscot.murrayfamily.uk•5 days ago

And it can be done without the taxpayer paying for it. Richard Murphy explains the process here. Labour used it in 1945 but has conveniently forgotten about it preferring to mouth Thatcherite nonsense like "there's no money left".
https://www.taxresearch.org.uk/Blog/2024/06/16/nationalisation-does-not-cost-taxpayers-anything/

docpsych.bsky.social•6 days ago

Sometime ago I saw a documentary on the privatization of village water systems in South America. The price of water went up as quality of water dropped. It was a warning message.

dunlopian.bsky.social•5 days ago

Do it and don't compensate and see what happens.

attrez.bsky.social•6 days ago

A company should never own our water!

machenwir.bsky.social•6 days ago

Every single privatised utility and transport service should be brought back into public ownership

stopglobalcooling.bsky.social•5 days ago

Looking forward to watching the Public Sector, the same people as bankrupted Birmingham or run the NHS, try to run TW. Should be good for a laugh, from a safe distance.

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