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Thames Water ‘blackmailing’ customers as firm reveals £500m funding gap, GMB says

⁨31⁩ ⁨likes⁩

Submitted ⁨⁨1⁩ ⁨year⁩ ago⁩ by ⁨RobotToaster@mander.xyz⁩ to ⁨unitedkingdom@feddit.uk⁩

https://morningstaronline.co.uk/article/thames-water-blackmailing-customers-firm-reveals-ps500m-funding-gap-gmb-says

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Comments

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  • hellothere@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

    This is super simple.

    They either find the money from their previous dividends, or they go bust and we seize the assets as part of the bankruptcy for £0.

    Refusual just speed runs to option B.

    source
  • MonsterMonster@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Thames Water is everything that is wrong with privatisation.

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