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You can bet your bottom dollar (pound) that someone will make money from this “crisis” The media is probably just setting the stage for significant water rates
by switch007 3y ago
You can bet your bottom dollar (pound) that someone will make money from this “crisis”
The media is probably just setting the stage for significant water rates increases.
Someone has looked at my £30/mo bill and thought: there’s plenty more to squeeze out of you, just like gas/electric
- TheOtherHobbes 3y agoThat already happened with the raw sewage dumping combined with huge dividend payouts to shareholders and bonuses for directors. The crisis is real. But it's essentially a crisis of greed and shortsightedness which is trashing the one common ecosystem we have and impoverishing most of the population in search of short-term profit - just numbers on a ledger "owned" by a tiny minority, which will never be turned into anything tangible, never mind beneficial.
- bishopsmother 3y ago"An analysis for the Financial Times suggests that since privatisation the companies have taken on a combined £51bn in debt, and paid out £56bn in dividends."[0] [0] https://www.bbc.com/news/business-50802783 https://www.bbc.com/news/business-50802783 (2019)