Thames Water Set for Pivotal Ruling
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- Опубліковано 25 сер 2024
- The future of Thames Water hangs on a decision this week by the industry regulator. Ofwat will rule Thursday on Thames Water’s £20 billion ($25.6 billion) business plan - a five-year overhaul of crumbling infrastructure that requires a sharp increase in customer bills. Bloomberg's Jessica Shankleman reports.
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Thames Water is owned by private equity
Meanwhile
via FT
15 Mar 2024
England has experienced its wettest 18 months since records began in 1836,
The share holders of thames water should pay for infrastructure repairs and upgrades, otherwise take the company back into public ownership with no compensation.
But who will pay to fix the problem?
@@johnwright9372 Instead of paying loan interest, shareholder dividends use the money for repair.
Cancel the license of these crooks and take it back without compensation.
You’re getting a BIG fine for dumping sewage illegally on dry days, you think that you’re putting up my water bill to pay for it?
THINK AGAIN. 😡😡😡