Thames Water nearing the cliff edge.

It’s been nearly 2 years now. That cliff edge doesn’t seem any nearer to me
Financially, they hit the rocks below the cliff and have stayed there since. Investor wise, they are like the plague. 'Cliff edge' is ancient history.
 
Turd removal wise, they are still doing what I pay them to do and that’s all I’m bothered about.
I'll send Sir Joseph Bazalgette your regards.

Meanwhile Thames Water are still languishing on the rocks below the cliff.

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he says Britain “has been on the wrong path for 40 years” – a renunciation of the Thatcherite consensus that implicitly folds both New Labour and Starmerism into the same failure. He is loudly championing “public control”, specifically naming energy, housing, water and transport.

As a Blairite 'special advisor', he voted for the war in Iraq and twisted himself into knots trying to ride two horses when he was in Miliband's shadow cabinet - i wouldn't trust him one inch with a Labour party veering between crisis and disaster...which will all become moot if he fails to win a seat in the HoC.
 
I'm with him.

I think that utilities and buses/ trams/ trains should be public, and that there should be Government-owned housing that remains in their control.
 
Let's hope it does all unravel.

Let it go bust. There should be no rescue deal. There should be no write-offs of fines. Creditors should not be compensated. Shareholders should get the value of their shares on the open market.

And if there's any chance of hanging a prosecution on the directors for the way they mismanaged the company into ruin, let's go for that too.
That’s a high price to pay for Burnam to become leader. Do the public sector skills exist to run such a company?. The country seems more interested in profit than people. How do you change that mindset back to the high standards of workmanship the Victorians had?
 
Bloody hell, it’s been over 2 years now. How long does it take to go off a cliff edge?
 
Let's hope it does all unravel.

Let it go bust. There should be no rescue deal. There should be no write-offs of fines. Creditors should not be compensated. Shareholders should get the value of their shares on the open market.

And if there's any chance of hanging a prosecution on the directors for the way they mismanaged the company into ruin, let's go for that too.

I don’t necessarily disagree, but there’s a fair few people who aren’t Directors & Shareholders who also get stuffed in those circumstances.
Anyone with a deferred pension could potential see a 10% haircut.
 
he says Britain “has been on the wrong path for 40 years” – a renunciation of the Thatcherite consensus that implicitly folds both New Labour and Starmerism into the same failure. He is loudly championing “public control”, specifically naming energy, housing, water and transport.

As a Blairite 'special advisor', he voted for the war in Iraq and twisted himself into knots trying to ride two horses when he was in Miliband's shadow cabinet - i wouldn't trust him one inch with a Labour party veering between crisis and disaster...which will all become moot if he fails to win a seat in the HoC.
And was health minister during the mid staffs hospital crisis
 
Surprise, surprise...

"A billionaire Donald Trump donor could make millions from a deal being struck between the government and Thames Water"

"The UK’s largest water company, ministers and creditors are at an impasse as they try to agree a rescue deal to stave off Thames’s collapse. The water company built up a £17.6bn debt pile in the decades after its privatisation. "

Linky Linky
 
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