The Banks did the same thing.
There is no penalty for failure anymore in Business or politics.
Thames Water - £13bn debt - going under
- Thread starter SirGalahad
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There is no penalty for failure anymore in Business or politics.
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Because it's easy to buy off the party in power and the media does their dirty work.
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The Guardian had informed :- "Revealed: warning to ministers over privatised water kept secret since 2002"
...where is the document?
Here it is :-
Chris Goodall's report.
Via here :-
Source re doc' location.
-0-
...where is the document?
Here it is :-
Chris Goodall's report.
Via here :-
Source re doc' location.
-0-
It can even be rewarded in some cases.
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Brexers wanted their Tory deregulation - Thames Water is the result.
I bet ReeSmogg hasn't stopped grinning.
And that has what to do with your pension choice ?
If private investors can benefit from buying shares in these utility companies, why can't the government do the same.
The only thing investors contribute is money and then wait for a dividend.
If the government owned most of the shares in these companies, then the profits would go the government instead of private investors usually in foreign countries.
It seems to work for the Chinese.
The only thing investors contribute is money and then wait for a dividend.
If the government owned most of the shares in these companies, then the profits would go the government instead of private investors usually in foreign countries.
It seems to work for the Chinese.
Southern, Yorkshire, SES and Portsmouth also apparently in trouble...
Time to simply take back the companies for £1 each.
And do what happens when other companies go under.
Offer the creditors a tiny percentage of what they are owed.
Then the country will be taking back assets not always selling them off...
After all, aren't we are always being told the UK can now do what it likes?
It'll never happen of course due to the Corporate Governance system we live under!
Time to simply take back the companies for £1 each.
And do what happens when other companies go under.
Offer the creditors a tiny percentage of what they are owed.
Then the country will be taking back assets not always selling them off...
After all, aren't we are always being told the UK can now do what it likes?
It'll never happen of course due to the Corporate Governance system we live under!
Perhaps they also pay bills for water, sewage, railways, gas, electricity and the postal service.
Do you enjoy being fleeced?
It seems the world and his mate own British water, everyone that is, except the Brits themselves.
Is the state so incompetent that they can't run a water company and make a profit which could then be reinvested in the system.
Wales, Scotland and N.I. Water systems are all state owned.
anotherangryvoice.blogspot.com
Good point from the above article.
How on earth is it justifiable that the governments of eight other nations can hold direct stakes in England's water supply, while the UK government itself insists that it's unfit and improper for the nation to own and run its own water supply
Is the state so incompetent that they can't run a water company and make a profit which could then be reinvested in the system.
Wales, Scotland and N.I. Water systems are all state owned.
Who actually owns the UK's water supply?
A significant majority of British people believe that the water supply is so vital that it should be run as a not-for-profit public service ...
anotherangryvoice.blogspot.com
Good point from the above article.
How on earth is it justifiable that the governments of eight other nations can hold direct stakes in England's water supply, while the UK government itself insists that it's unfit and improper for the nation to own and run its own water supply
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So you don't have any principals of where your money is invested providing it put pounds in your pocket
I was going to make a joke about "liquidating their assets", but it was in rather pour taste...
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