Open Menu
AllLocalCommunitiesAbout
lotide
AllLocalCommunitiesAbout
Login

Water firms push for higher shareholder returns as Ofwat considers bills increase

⁨31⁩ ⁨likes⁩

Submitted ⁨⁨5⁩ ⁨months⁩ ago⁩ by ⁨GreatAlbatross@feddit.uk⁩ to ⁨unitedkingdom@feddit.uk⁩

https://www.theguardian.com/business/2024/dec/03/water-firms-push-for-higher-shareholder-returns-as-ofwat-considers-bills-increase

source

Comments

Sort:hotnewtop
  • Emperor@feddit.uk ⁨5⁩ ⁨months⁩ ago

    I’d suggest they are taking the piss but that is part of their job.

    source
    • floofloof@lemmy.ca ⁨5⁩ ⁨months⁩ ago

      They’re not talking enough of it, just piping it into a river near you.

      source
      • Emperor@feddit.uk ⁨5⁩ ⁨months⁩ ago

        Well that’s shit.

        source
        • -> View More Comments
  • Donjuanme@lemmy.world ⁨5⁩ ⁨months⁩ ago

    Don’t lower prices for the people who you provide a service to, funnel that money to the shareholders! Wait there isn’t enough money to keep it flowing into the share holders… Raise the prices to those you’re providing service to!

    Loop ad infinitum

    source