Thames Water have been allowed to take a £3bn loan with an interest rate of 9.75%. This loan will be paid for by you straight to a tax haven. Why the hell is this allowed? - ThreadSky

bladeofthes.bsky.social • 4 days ago

Thames Water have been allowed to take a £3bn loan with an interest rate of 9.75%.

This loan will be paid for by you straight to a tax haven.

Why the hell is this allowed?

Comments

semaleena.bsky.social•4 days ago

CORRUPTION

plasticscouser.bsky.social•4 days ago

OFWAT must be disbanded. They are not protecting consumers and Thames should be renationalised

catchafire.bsky.social•4 days ago

White collar smash and grab in broad daylight.

4017xan.bsky.social•3 days ago

Because London cannot live without water, because Ofwat is a scam, because the deciders receive huge dividends on their shares and are determined to continue to do so, because we have a government whose strict ideology forbids public ownership of water.

debruhd.bsky.social•4 days ago

Because we haven't binned any of them or dusted off the guillotines and we keep going to work every single day paying into those taxes that will never again be used for our benefit, like we are compliant little lambs off for slaughter.

2300.bsky.social•4 days ago

Because the court said so 🤷

mactakeshi.bsky.social•4 days ago

Starmer has well and truly shafted @carolvorderman.bsky.social and
@feargalsharkey.bsky.social
To paraphrase
"Thanks for the election boost, you can now both piss off"
@mrjamesob.bsky.social

hils56.bsky.social•4 days ago

I believe it’s due to somebody or others in the judiciary system have got a vested interest in Thames Water, shareholders etc.

epistone.bsky.social•4 days ago

You know why. The same people profiting from it are sharing morsels of it with those making the decisions. If you're so triggered by it, start the revolution. Posting about it isn't going to change it.

mattcarless.bsky.social•4 days ago

unionsteve.bsky.social•4 days ago

That’s what you get when you let them focus on financial rather than civil engineering.

mogo-uk.bsky.social•4 days ago

Well the bankers who secured this will be very happy. Makes you realise why an ex-banker was PM under the Tories and the current chancellor is too. They know who the pay masters are.

dafydd63el.bsky.social•4 days ago

Welcome Martyn. Have a follow

thinkitthrough.bsky.social•4 days ago

CROOKS! ...
16 million people are being forced to prop up a company that would have gone bust if it wasn’t providing an essential service.

kunikos.bsky.social•4 days ago

Same old problem with privatisation. Successive governments have been outsmarted by spivs who have no intention of efficiently delivering on their promises, but engineering clever returns to shareholders and huge salaries.

stevierobbie.bsky.social•4 days ago

How come we have a government that cannot be held to account for major decisions on spending public money? I think it’s time to keep head in sand and it will blow over.

renzelen.bsky.social•4 days ago

What was the legal basis I wonder?

aberboy.bsky.social•4 days ago

Because they're cunts and are allowed to by other cunts.

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