Now here's an interesting one...
Linky Linky
Would any one of the privatisation 'followers' care to comment?
"One of England's top-rated water companies is using an accounting trick to artificially inflate its balance sheet by more than a billion pounds, BBC Panorama has discovered"
"Severn Trent Water claims that an investment is worth £1.68bn in its accounts, when in reality it has no value to the overall business"
"The made-up money makes the company appear more financially robust and helps to support its bumper payouts to shareholders"
Linky Linky
Would any one of the privatisation 'followers' care to comment?
"One of England's top-rated water companies is using an accounting trick to artificially inflate its balance sheet by more than a billion pounds, BBC Panorama has discovered"
"Severn Trent Water claims that an investment is worth £1.68bn in its accounts, when in reality it has no value to the overall business"
"The made-up money makes the company appear more financially robust and helps to support its bumper payouts to shareholders"