Open Menu
AllLocalCommunitiesAbout
lotide
AllLocalCommunitiesAbout
Login

Chinese firm a leading contender to buy Thames Water, reports say

⁨32⁩ ⁨likes⁩

Submitted ⁨⁨1⁩ ⁨day⁩ ago⁩ by ⁨Davriellelouna@lemmy.world⁩ to ⁨unitedkingdom@feddit.uk⁩

https://www.theguardian.com/business/2025/aug/13/chinese-firm-a-leading-contender-to-buy-thames-water-reports-say

source

Comments

Sort:hotnewtop
  • als@lemmy.blahaj.zone ⁨1⁩ ⁨day⁩ ago

    How about making it owned by the workers or the customers? Why should people have to line corporate pockets to have access to drinking water?

    source
    • CompactFlax@discuss.tchncs.de ⁨1⁩ ⁨day⁩ ago

      Because of Margaret Thatcher.

      source
  • HumanPenguin@feddit.uk ⁨1⁩ ⁨day⁩ ago

    Only interested if the gov takes on all the debt.

    So likely just going to sell off more assets and gain any wealth the can before letting it fail again.

    Selling off to private investors is just moving the issue to another government while making tax payers pay for that,especially behaviours.

    source
    • MrPoletki@feddit.uk ⁨1⁩ ⁨day⁩ ago

      Only interested if the gov takes on all the debt.

      And forgive the outstanding fines.

      So we’re paying a private company to buy our water utility, so that they can ‘have another go’ and ‘promise to do better than the last lot’.

      Great…

      source
  • Naich@lemmings.world ⁨1⁩ ⁨day⁩ ago

    Oh great. I’m sure they will fix everything and won’t just spunk away all our money to shareholders and management while the water and sewage system collapses. Foreign owners are much more likely to look out for UK interests than a nationalised company. Is it possible to actually die of sarcasm?

    source
    • MrPoletki@feddit.uk ⁨1⁩ ⁨day⁩ ago

      Yes, you get thrown into the pit they threw Nicolas III into. Death by Tzar Chasm.

      source
  • deadcatbounce@reddthat.com ⁨1⁩ ⁨day⁩ ago

    I felt sure that Stalin Starmer was going to nationalise water and other stuff. Or have we had an odd number of u-turns in the year he’s been fucking it up for our greater good?

    source