Thames Water supply ‘on knife-edge’ with £23bn repairs needed

Comments

• RobotToaster@mander.xyz ⁨2⁩ ⁨days⁩ ago

  Yet they plan a massive shareholder payout telegraph.co.uk/…/thames-water-plots-2bn-sharehol…

  And paid over £7bn in dividends in the past theguardian.com/…/in-charts-how-privatisation-dra…

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• zante@slrpnk.net ⁨2⁩ ⁨days⁩ ago

  Has to be nationalised now.

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• GoodShowSir@feddit.uk ⁨2⁩ ⁨days⁩ ago

  “Saving” all that money… then forking out 9.5 million on yearly executive bonuses…

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  • FourPacketsOfPeanuts@lemmy.world ⁨2⁩ ⁨days⁩ ago

    While that’s obviously gross, I’m not sure some budget public service pleb who wouldn’t last 5 mins in a real business wouldn’t simply make things worse

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    • echodot@feddit.uk ⁨2⁩ ⁨days⁩ ago

      You realize that when a business is privatized they don’t give it to the civil service right?

      They bring in a CEO from the business world, The point is that CEO isn’t then given marching orders to make as much money in the shorter time as possible.

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    • LainTrain@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

      Bruh

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• Zip2@feddit.uk ⁨2⁩ ⁨days⁩ ago

  Quick calculation: that’s ~£98.3k per person in the Thames Valley area.

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  • HumanPenguin@feddit.uk ⁨2⁩ ⁨days⁩ ago

    Thames Valley area

    Just FYI: Thames water covers a larger population than that. Much of London is not technically in the Thames valley.

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    • Zip2@feddit.uk ⁨2⁩ ⁨days⁩ ago

      You’re absolutely right. Thames water claim 16 million customers, so that brings it down to a much more manageable £14,375 per customer, based on us getting shafted equally.

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