🚨👀Freeport scandal continues. Teesworks Limited paid out £20m in dividends despite profits plummeting last year ⤵️ Annual accounts were published on 30th December ⤵️ - ThreadSky

russellscott1.bsky.social • 88 days ago

🚨👀Freeport scandal continues.

Teesworks Limited paid out £20m in dividends despite profits plummeting last year ⤵️

Annual accounts were published on 30th December ⤵️

Comments

trickyblue.bsky.social•88 days ago

No doubt the public purse will be called upon to bail them out at some point, while the fat cats have retired in luxury.

spursj69.bsky.social•75 days ago

👿 😡

politicalx.bsky.social•88 days ago

Hi Russell,

I run a podcast on YouTube called the Sunday roast would love to host you and have a discussion about Freeports in the UK.

https://youtu.be/4mQ5MInkr3g?si=B5uO0z4Yio4agwRG

russellscott1.bsky.social•88 days ago

Reported here by City Am:

https://www.cityam.com/teesworks-shareholders-get-huge-pay-day-as-profit-plummets/#:~:text=The%20results%20have%20also%20revealed,owned%20by%20the%20UK%20taxpayer.

markppp.bsky.social•88 days ago

As a long term Private Eye reader, I’m shocked. Shocked, I tell you.

averdade351.bsky.social•88 days ago

No surprises here then.

leighsus.bsky.social•88 days ago

It's even worse than it first looks. Will be covering this in Sunday's Teesside Lead 😉

craigjay.bsky.social•88 days ago

Tax payers will fund it.

leighsus.bsky.social•88 days ago

The already have.

mikecookson.bsky.social•88 days ago

👀

messmonstergigi.bsky.social•88 days ago

Nothings changed since the report by Gove’s handpicked team, nothing’s changed since Labour came to power. Utterly depressing.

baggiesman.bsky.social•85 days ago

It's magic, Carol. 'Just like that' as Tommy Cooper used to say in his fez.

charles-radcliffe.bsky.social•88 days ago

Tory scum still bleeding the county dry. We have been sold out, conned and cheated. Yet this parasite stands in the daylight unashamed.

kaywitsend.bsky.social•88 days ago

Meanwhile the taxpayer is still waiting for a National Audit Office inquiry. The "independent" (but toothless) one set up by Michael Gove found no value for money for the public funds invested and made 28 recommendations.

mikegdagri.bsky.social•88 days ago

Why, as a society do we stand for this sh1t. Are we sheep 🐑? Probably 🤔☹️. They lead us and then bleed us 🤔

cyber-steve.bsky.social•88 days ago

Quelle surprise.
Same financial strategy as privatised water and energy companies...
🤬🤬🤬

chrissymc.bsky.social•88 days ago

There was always a strong smell of fish lurking around Teesworks.

adeloon.bsky.social•88 days ago

Dunno about fish, now if you had said c***s that’d be a different matter 😉🤮

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