Contingency plans reportedly being drawn up for Thames Water collapse

3 years ago by Noit to c/uk_politics

UK government and Ofwat holding discussions amid fears firm cannot survive because of its huge debt pile

snacks 17 points 3 years ago

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SNEWSLEYPIES 4 points 3 years ago

That is indeed the system.

path: 0 596282 598047, hotness: undefined, score: 4, children: 2

tom 2 points 3 years ago

Chubby dividend payouts for a bit then let it collapse. Its an excellent scheme if you're an amoral lizard.

path: 0 596282 598047 598303, hotness: undefined, score: 2, children: 1

SNEWSLEYPIES 2 points 3 years ago

Its an excellent scheme if you’re an amoral lizard.

Well hey, you'll never guess who built the system...

path: 0 596282 598047 598303 599279, hotness: undefined, score: 2, children: 0

Noit 13 points 3 years ago

Is this the same Thames Water that paid their chief exec £1.5 MILLION pounds in the year to the start of June? Why yes, yes it is.

path: 0 594875, hotness: undefined, score: 13, children: 4

Blaiz0r 10 points 3 years ago

Disgusting isn't it, water companies should become nationalised

path: 0 594875 595378, hotness: undefined, score: 10, children: 0

SNEWSLEYPIES 3 points 3 years ago

I can only think they must not have paid the poor chap enough. Just look at what's become of them.

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Noit 6 points 3 years ago

She’s a woman, you big sexist. Women can be grossly overpaid for inferior work too!

path: 0 594875 595369 596798, hotness: undefined, score: 6, children: 1

SNEWSLEYPIES 6 points 3 years ago

Ah, the state of the gender paygap. It's 2023 and still a woman can't be fairly compensated for tanking an essential public service into the ground smh.

path: 0 594875 595369 596798 598026, hotness: undefined, score: 6, children: 0

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