Wen on Nostr: Secret taxpayer rescue plans for Thames Water The industry is opposed to putting ...
Secret taxpayer rescue plans for Thames Water
The industry is opposed to putting Thames into special administration, fearing it will affect other struggling water companies by reducing investor confidence. The company wants concessions to encourage shareholders to commit to the bailout. These include being allowed to pay higher dividends, increasing bills by 40%, and limitations on fines for serious pollution of rivers.
They would say that wouldn’t they.
#ToryCorruption #Environment #England
The industry is opposed to putting Thames into special administration, fearing it will affect other struggling water companies by reducing investor confidence. The company wants concessions to encourage shareholders to commit to the bailout. These include being allowed to pay higher dividends, increasing bills by 40%, and limitations on fines for serious pollution of rivers.
They would say that wouldn’t they.
#ToryCorruption #Environment #England