Privatised Utilities

Overseas investors bought into the principle of tied profits, little risk, massive dividends (either directly or by siphoning off money through loans from overseas vultures, whoops investors) and no down side.

https://www.theguardian.com/business/2024/nov/17/thames-water-supply-knife-edge-23bn-repairs-needed

Thatcher must be proud. Now the great extrication.

#UkPolitics #Water #Privatisation #Utilities #Theft #Greed #Corruption