We have had the terrible performance of so many rail companies, failing to performance & carrying huge debt, and then being taken back under government control as the only option to allow services to continue. Now it looks like one of, sorry, the largest, water company is about to do the same. So much for the success of privatised companies.
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Maybe the gov can ask the NHS wether they can spare a couple of hundred Mil Pount from their weekly 350 Mil for the bailout?
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Will they pay back all the profits they made? They should!
Indeed, corporate greed. Outgoing CEO of Thames Water got a £3.1 million “golden hello” to the company.
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Ha ha , good one!
Ought to be ‘Thames Water about to go burst’.