Nearing.
Thames Water nearing the cliff edge.
- Thread starter JohnD
- Start date
Nearing.
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I'm sure you are used to holding your breath. You've been waiting to cheer the demise of the EU for what - two or three decades?
March, Lol.
May be TW is the ic eberg and the bond holders the titanicb. Time for the government to turn the tables and nationalise TW together with its debt, with payback spread over an affordable period for the taxpayer. It seems the private sector didnt heed Mrs T’s analogy about running the country as you would run a household
Seems like a massive Ponzi scheme, and the owners are saying you are not clever enough to stop us and we are too important to fail.
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Ironic to hear that Lake Windermere has been flooded with excess sewage while the water board has been praised in the last four years. Only now is the truth coming out about it. And they want people to pay for their perfidy with larger bills. F. the lot of 'em, sez I!
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So the warning signs were around and it hasn't been resolved
Looks more like a head in the sand attitude than accepting its getting nearer to the edge.
'head up his ars more like.'
The regulators have massive powers but seem very reluctant to intervene, a light touch approach is probably over stating what they have done. Yet if you drop a cigarette butt or over stay your parking the regulators are happy to hit you hard first time round. Businesses get off lightly.
Do you think we aren't?
I don't doubt that they are in dire straits. This country has a very cavalier attitude to securing it's energy supplies and controlling essential services. The chickens are coming home to roost.
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