Thames Water needs £3bn in 8 weeks or it goes bankrupt.
It must go bankrupt, it must not get a penny from Government, it must not be allowed to raise bills.
It is a private company, and it has private debts.
Time go find out what happens when you can’t pay your bills.
It must go bankrupt, it must not get a penny from Government, it must not be allowed to raise bills.
It is a private company, and it has private debts.
Time go find out what happens when you can’t pay your bills.
Comments
It would be criminal injustice.
Either, the Govt takes them over & invests in repairing Londons water supply which is enormously expensive, or they allow foreign ownership of Londons water.
Be careful what you wish for
I have absolutely no confidence that the new government will do what they should and strip them of it all and cast them off to deal with thier, as you say, private debts.
They failed to do due diligence and should pay the price.
It's the only way they'll learn.
Public utilities should NEVER be in the hands of shareholders
Then ignore their deeds.
He’s a criminal
https://bit.ly/4gbzG0W
Did it build reserves when times were good? No.
Did it reduce/stop dividends when things went south? No
So, no more cash from its customers or the government.
Tell you what, we'll re-nationalise it for £1.
Normal rules do not apply to these parasites