Ministers stepping up preparations for renationalisation of Thames Water

https://www.theguardian.com/business/2025/jun/19/thames-water-renationalisation-preparations

21 points · 1 comments · view on lemmy.world

1 Comments

thanksforallthefish@literature.cafe · 2 pts · 1y

Good.

The current investors leached billions in inappropriate dividend payments instead of reinvesting in the infrastructure because they were expecting the UK govt to bail them out. They should lose their investment.