Thames Water nationalisation moves closer as government ‘objects to rescue deal’

https://www.theguardian.com/business/2026/jun/16/thames-water-nationalisation-rescue-deal-ofwat

14 points · 2 comments · view on lemmy.world

2 Comments

Neocorporation@lemmy.world · 3 pts · 60d

Feb 2025 they got a 3 billion rescue loan. Maybe they should stop paying "advisory fees", aka legalised looting...

Naich@piefed.world · 1 pts · 60d

Presumably nationalise it, spend £££££ fixing it, sell it off again, new owners run it into the ground while creaming off all the money. Repeat.