Russ Cheshire on Nostr: The UK government is reported to be drawing up plans to nationalise parts of the ...

The UK government is reported to be drawing up plans to nationalise parts of the failing water industry; & to take liability for the debts created by previous directors & shareholders.

Let's just pause & think about this for a moment.

The directors & shareholders have acquired immense sums of money by dubious means; they are responsible for the current situation. They must remain responsible for the debts, while the UK takes over the assets & responsibilities of providing the service.