Sweet, I will patiently await my £3 cut of that, it’ll make a big difference on the run up to Christmas.
Companies just factor these fines into their finances. The people signing off on the pollution need to start being held criminally responsible. If I started pouring oil from my car into watercourses I could face criminal prosecution. Because a limited liability company does it it’s a simple fine that’s a sliver of their profits.
And here’s the joy of running a monopoly! They can rebate the money and then increase bills next year to recoup it 🤩
> For example, the Financial Times recently found that investment by water companies fell by 15% between 2020 and 2021. Over the same period, **the companies borrowed £53bn, an equivalent of £2,000 a household, but did not invest all of it, instead paying £72bn in dividends**.
Neatly sums it up.
Funny how all these services that have been privatised have turned to absolute shit whilst making massive profits ain’t it? That’s the Tory way.
And the rest.
This is on the long list of things as a a nation we should be pretty pissed off about.
I’m on benefits and can barely afford food but getting sent a water bill for £1,400 no bills before that just a threating letter saying I have to pay now
I have seen figures 10x this and far more. When you consider that some leaks have been *known* to be going on for years, and add the ongoing volumetric waste, the least of the problem is hoses during droughts.
(edit: don’t use hoses in droughts though, I’m not suggesting “it’s fine”)
How we can privatise natural monopolies like water I have no idea.
Remind me, how do I change my water supplier so I can vote with my wallet? Given market forces are the excuse for privatising infrastructure I think it’s ridiculous that this was allowed to happen.
I’m not saying it would be ran any better under public ownership, but you can bet there wouldn’t be huge dividends leaving the system.
I’d rather they chuck the money into preventing it from happening.
As a surfer, living in Devon, it’s a fucking outrage that there are times I can’t go in the sea because it’s full of shit.
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Sweet, I will patiently await my £3 cut of that, it’ll make a big difference on the run up to Christmas.
Companies just factor these fines into their finances. The people signing off on the pollution need to start being held criminally responsible. If I started pouring oil from my car into watercourses I could face criminal prosecution. Because a limited liability company does it it’s a simple fine that’s a sliver of their profits.
And here’s the joy of running a monopoly! They can rebate the money and then increase bills next year to recoup it 🤩
> For example, the Financial Times recently found that investment by water companies fell by 15% between 2020 and 2021. Over the same period, **the companies borrowed £53bn, an equivalent of £2,000 a household, but did not invest all of it, instead paying £72bn in dividends**.
Neatly sums it up.
Funny how all these services that have been privatised have turned to absolute shit whilst making massive profits ain’t it? That’s the Tory way.
And the rest.
This is on the long list of things as a a nation we should be pretty pissed off about.
I’m on benefits and can barely afford food but getting sent a water bill for £1,400 no bills before that just a threating letter saying I have to pay now
I have seen figures 10x this and far more. When you consider that some leaks have been *known* to be going on for years, and add the ongoing volumetric waste, the least of the problem is hoses during droughts.
(edit: don’t use hoses in droughts though, I’m not suggesting “it’s fine”)
How we can privatise natural monopolies like water I have no idea.
Remind me, how do I change my water supplier so I can vote with my wallet? Given market forces are the excuse for privatising infrastructure I think it’s ridiculous that this was allowed to happen.
I’m not saying it would be ran any better under public ownership, but you can bet there wouldn’t be huge dividends leaving the system.
I’d rather they chuck the money into preventing it from happening.
As a surfer, living in Devon, it’s a fucking outrage that there are times I can’t go in the sea because it’s full of shit.