Not sure what i fundamentally but at least i can say it's not coherent sentences.I think you fundamentally the role of the shareholder and how business work in the real world if you are asking that question.

Not sure what i fundamentally but at least i can say it's not coherent sentences.I think you fundamentally the role of the shareholder and how business work in the real world if you are asking that question.
Yep - Listen to todays r4 interview with inane OFWAT who are permitting these rises without more performance constraints on the board ... interviewer basically said how long do you think you will be in a job ?If we're having to pay more so the water companies can invest in future stuff what exactly is the job of shareholders?
All that money stashed away in trust funds in the Seychelles, I'm sure they're crying all the way to the bank. Not to worry customers are sure to cough up even more money from their empty bank accounts to cover it.I'm sure those poor shareholders, CEOs and pension fund holders are desperately sorry for all of the money they extracted from TW over the years.
All of the money that should have been sent to operational channels to maintain the service they are paid to provide.
And that lack of investment back when it was publicly owned is what resulted in privatisation....This is what happens when you don't spend on infrastructure in good times.
It will be run by the same people who run it now, as they're the only ones who know how it all works (or is designed to work). The staff will be taken on as employees of the government and it will be business as usual, for them.At least, on paper, if it was nationalised, it could be run as a non-profit public service entity but Christ knows who would run it effectively and efficiently. Clearly none of the existing water companies / regulators have any clue.
It does raise funds. The idea is for the shareholders to not then take the money and run, though.I always thought selling shares was meant to raise funds to invest in a company, but now customers are being asked to pay more for future promises.![]()
Of course. This was not a pop at operations, engineers, contractors etc. It was directed at the owners and shell owners of these companies irrespective whether hands were tied or not regarding actual investment in to the sector. Another bonus of nationalisation would be to remove all that bloat and propensity for malfeasance. Although, as I pointed out, the confidence in whatever then came next is not high.It will be run by the same people who run it now, as they're the only ones who know how it all works (or is designed to work). The staff will be taken on as employees of the government and it will be business as usual, for them.
The malfeasance will remain. It's what got us privatised.Another bonus of nationalisation would be to remove all that bloat and propensity for malfeasance. Although, as I pointed out, the confidence in whatever then came next is not high.
I don't disagree but at least there would be full accountability to the tax-payer (hah)!The malfeasance will remain. It's what got us privatised.
The ONLY difference is that you'll be blaming government mishandling (again) instead of private ower mishandling.
Surprised its getting pushed on Wales as I thought their's was nationalised.
Bill rises confirmed. Going to be fun with everything else going ever upwards.
Hee hee, more revelations from Thames Water.
Not really much more to add except the continuing complete dumbfoundness at the business behaviour of this company. I'm not sure what faith, if any existed at all, can be given towards the current direct management of this company. Any pretence of honesty or integrity to truly turn around this company seems utterly lost. Milked, ad nauseam.![]()
Revealed: Thames Water diverted ‘cash for clean-ups’ to help pay bonuses
Exclusive: UK’s biggest water company assessed risks before cutting back on cost of environmental work, investigation showswww.theguardian.com
Various other news sources and the regulator (who fined Thames over unjustified dividends) seemed to have had the same opinion that bonuses were being paid / diverted from the investment funds raised by customers bills as opposed from the owners / investors of the company. But yeah, I concede TG is pretty heavy on opinion pieces.That seems to be an article about basically nothing.
"This could be seen as a breach of the company’s licence commitments and leave it vulnerable to accusations it had broken the law, according to sources and material seen by the Guardian"
If it's confirmed a breach then there is a story. The above is just opinion.
Sourthern water 50% rise near enough. As if they weren't high enough already they're already double what they were less than a decade agoBill rises confirmed. Going to be fun with everything else going ever upwards.
![]()
Water bills in England and Wales to rise by average of £10 per month
Households now have a much better idea of their bill increases from April, which will rise at a time when many other bills are also tipped to go up sharply.news.sky.com
Its funny I could have sworn it wasn't that last time I looked it must have gone up a bit since thenIt’s almost like inflation is a real thing.
Oof.Got an email from Thames, bill going up £19 a month.