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Thames Water…angry

(28 Posts)
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Coronation Mon 08-Jul-24 20:00:03

It will be interesting to see the pay scales and bonuses too.

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Skydancer Mon 08-Jul-24 19:59:07

Apparently nationalisation would be too expensive as shareholders would have to be paid so much money. That’s my understanding.

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Nandalot Mon 08-Jul-24 19:46:23

Thames Water is in a parlous state, both its infrastructure and its finances. It is 15.6 billion in debt, yet in March managed to pay 150 million in dividends. I thought shareholders were only supposed to get a dividend when a company is profitable. No doubt the taxpayer will have to pick up the pieces. I am disappointed that the government (seems strange writing that about Labour ) is not talking about nationalisation.
www.theguardian.com/business/article/2024/jul/08/starmer-reeves-briefed-critical-risk-thames-water-whitehall-debt-infrastructure

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