“Thames Water Have Taken Out £56 Billion For Themselves And Shareholders”

[@JustDucky-d9k]

Who is in charge of the polluted waterways in the UK? Who is it exactly? Hold them accountable and get the rivers, streams, canals etc clean and demand it now.

[@dottydot8058]

We pay for their greed and incompetence

[@ghosthdel3098]

My mum works in Thames water as an Assistant Vice president in one of the department and she said last week, heard it from one of her meetings, that the UK government officials reached out to them (Thames Water) and confirmed that if things go down the pan they rescue them but not take over full control because that will be too much admin work. From what she said that likely that there will be no job cuts, however some contractors may be streamlined. Hopefully this is correct and her position will not be affected because we just moved to a small size 5 bedrooms home and obviously still paying the mortgage.

[@gregy797]

London wants All the money and not just some.

[@fabiennemitchell2371]

We need to re-nationalise our utilities. We then put those in charge, and senior management, under contracts that can easily remove them if they fail to deliver a reasonable service.

[@sensibledriver933]

Shareholders appear to have pocketted fortunes from the company. Take it back into private ownership and sod the shareholders.

[@davefish8107]

Who would think that making a utilities a foreign shareholder company be a bad thing

[@vicvalliant1092]

The water industry is regulated as is the energy sector. I would look at the regulator for an explanation of the sums that they sign off on. They allow profits after letting the companies borrow money to pay shareholders. Shareholders are entitled to profits but only when generated by business success. The regulator has allowed dividends and allowed the companies to become heavily indebted. ASK THE REGULATOR we know the company has cheated now they are calling the regulators bluff. Re-nationalisation will pass the debt to the customers letting it go bust will pass the debt back to the banks. All the infrastructure and customers will still be there don't let them win!

[@KapitanKremmen]

The investment money went into the owner's pockets instead and OffWat looked the other way.

[@kennethbowry1521]

Off wat are taking bribes from this company, this country is now third world.

[@AlexDuggan68]

Who owns Thames Water?

[@JustDucky-d9k]

The state-owned China Investment Company (CIC), which is estimated to have global assets worth $1.35trn (£1.07trn), has held an 8.7 per cent holding in Thames Water - now worth £1.4bn - for the last 11 years.

[@JustDucky-d9k]

The state-owned China Investment Company (CIC), which is estimated to have global assets worth $1.35trn (£1.07trn), has held an 8.7 per cent holding in Thames Water - now worth £1.4bn - for the last 11 years.

[@keithjackman8886]

And meanwhile these companies are paying huge bonus's to their bosses. Disgraceful and an insult to all it's customers.

[@anthonywilson8998]

Whoever owns it must be in breach of contract and theft. People pay their bills for a service this forms a contract does it not. Whoever has taken money out must br forced to return a portion of it to make good the losses. They create these debts to put the govmt off privatising. Their gravy train. Sue them and put them in jail. for stealing. and fraud. Now it is insuch a rediculous state it will cost us billions to get to where we need to be ,but at least reduce the pollution .

[@JustDucky-d9k]

The state-owned China Investment Company (CIC), which is estimated to have global assets worth $1.35trn (£1.07trn), has held an 8.7 per cent holding in Thames Water - now worth £1.4bn - for the last 11 years.

[@basil8260]

The question is who are the shareholders, and where has all the money gone?

[@karlmcglue9946]

Repair it and give the shareholders the bill

[@PaulForeman-indievisuals]

No single government should have been allowed to sell off national utilities unilaterally without some form of referendum but also safeguards in place that forced rhe investment to take place before shareholders got dividends. Ultimately it is the owners and management greed in paying out too much and now they can go whistle, let them go bust and take them over

[@arcadealchemist]

Thats a lot of change and our water is still full of poison

[@couchslouch13]

Funny how the water companies debt is almost the same figure as the shareholders dividends

[@andrewoliver8930]

Murdoch is now a fan of nationalisation? Ha ha. He's trying to wash his hands of the Tories .

[@samanthaclugston6685]

THAMES WATER IS TOXIC AMD I REFUSE TO PAY FOR IT🤑😡

[@kennethbowry1521]

Nationalise the crooked company, this is about National security not feeding the rich.

[@kevkelliher5491]

CEO of Thames water yearly salary is 2.3 million utter piss take

[@JoshDoughty-y8q]

Water rats

[@peekaboo6622]

What do you think all the Ukraine funding is about?

[@JustDucky-d9k]

Wasting money on a massive benefits program is a far bigger problem.

[@peekaboo6622]

@@JustDucky-d9k Math isn't a strong-suit, I gather.

[@JustDucky-d9k]

@@peekaboo6622 You have no idea how many billions is spent so sit down.