Thames Water to get green light to hike bills by more than a third by 2030

32 comments

1. [removed]

2. Maybe they should stop paying out dividends when they’re in such dire straits, also maybe if they stopped being so shit at their job they would keep getting fined

3. At least the consumers can go to a different supplier…

4. How is this possible you know that extra moneys going straight in the pockets of shareholders

5. Labour are a bunch of pussies, they won’t do anything bold and just hope the economy magically fixes by these small improvements

6. What!? I thought the regulator actually stepped in for once? Or was that just about bonuses? There are too many crazy issues with Thames Water to keep up with!

7. Ties in with this government screwing everyone for taxes and money.

8. I personally think we should just let these companies go under & buy them out when they go bust, so as to nationalise our water

9. If we buy it for a quid, then at least price hikes repair the shit these arseholes made, without nationalisation more shit and decay.

   Good luck paying for that Londoners!

10. Regulator fines them for granting dividends for less than the amount paid to shareholders. Just costs them (read: us) twice as much to do it! What a perfect system, not terrible at all.

    Nationalise or figure out a system to not make water a monopoly. The current system makes no sense at all. They can act with complete impunity, and it’s the citizenry that pays.

11. Another tax hike?! Oh yes please! Gods I love being taxed into the dirt!

12. Oh fuck off. They’ll just give it to their shareholders, need bailing out again and claim, they can’t fix anything.

    Or fuck it. Turn us into the city of Rapture, charge us for the very air we breath.

13. Driving the population closer to poverty by the transference of funds to shareholders in water supply companies is some dystopian shit.

14. Whole things bent from top to bottom. Even the backhanders are getting backhanders, it’s so fucking blatant

15. I pay tax, council tax and a service charge for the flat I bought. How do none of these things cover the water I need to live? I already have to pay for inhalers so I can breathe. Life is literally pay to live.

16. Honestly put it to the people, one-off payment to renationalise all water companies and stop this nonsense forever. Kickstart it even, I’d pay not to have to have this national shame continue.

17. I remember seeing a short video about how the aqueducts were built and it took 70 odd years. The men who designed them, many who built them were dead long before they were finished. They didn’t get any benefit yet they started something and followed it through because it would benefit the county and their descendants.

    When did we go so far off course, when did we stop caring about our grandchildrens futures, imagine the world we could build them if we didn’t have to waste so much time contributing to millionaires ‘passive’ income

18. Scary bit surely is this is just now a big green flag for other water companies to pull the same antics to the same level, rather than at least pretending to be better than TW.

19. Makes you wonder why we bothered with a change of government…

20. Ideally they should charge the illegal migrants living here more for their bills!

21. Now that’s a timely Merry Xmas to you plebs in Thames /s

22. This just makes me sick. These water companies have been blatantly raping the taxpayer for years. I’m no financial expert but this just feels like what banks did in 2007 and Carillion a few years ago. Total irresponsibility and a big fuck you to the country.

    I can’t believe the CEO’s aren’t held criminally responsible for this level of sheer incompetence and blatant profiteering. Also it baffles me why monopoly rules apply to all other utility companies but not these set of snouts.

23. Anyone have a good pipeline to find out where these water bosses live?

24. This shouldn’t be allowed at all. I think the contract should be for tender

25. Absolutely gold mine for those running it. It’s not like we can switch to another water company.

26. Are they actually gona do some work, rather than pay share holders?

27. People demanding water companies achieve the unachievable and then realising it costs money to do that. Cue surprised Pikachu faces.

28. Mass non-payment to bankrupt it sounds sensible to me.

29. I don’t get it… just nationalise the fucking thing after the company fails. Yeah creditors and shareholders lose out but when the flaming heck was it the government’s responsibility to make sure shareholders of shitty companies are always protected? That’s the risk you take when you buy shares. I really don’t get this idiocy…

30. What is the point of a regulator when they have the company’s best interests at heart?

31. Shouldn’t be paying out dividends because they’re insolvent, hell, they shouldn’t be trading full stop with the amount of debt they have.

32. The french would just cancel direct debits en masse. There’s a lot to be said clearly demonstrative action in the face of what’s tantamount to gross negligence and theft.

Comments are closed.