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I wonder how much cash they got from the government over the years.it cost 7.5bn to privatise all the water companies in 1989
This is how much money thames water paid out in dividends since then
literally one water company paid out almost as much dividends in 32 years as the whole sell off raised... I wonder how much thames water was privatised for, could have been as little as 500m-1billion right, what a massive earner that has been...
I wonder what the total combined dividends of all water companies in England and Wales has been since 1989
I bet its at least 50-100billion the treasury missed out on thanks to the tory privatisation of our services.
how is that good value for the tax payer? especially if we have to buy them back, then pick up the cost of under investment and decades of neglect
The guardian has some really good graphs about thames water
I'll post the graphs to save people a clickIn charts: how privatisation drained Thames Water’s coffers
Decades of underinvestment and bumper dividends have left the firm debt-laden and under investigationwww.theguardian.com
Spoilered to keep the thread scroll friendly
Bust by summer.
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