Australian investment bank took £3 bn from Thames water then sold it after piling up 10bn in debt ,in 2021 the brought up Southern Water and are doing the same , all this happened while Ofwat have stood by and done nothing , disgrace
And they have all been paying out £££££m's in shareholder dividends and CEO bonuses all the while they have been stocking up billions in debt! Corruption / embezzlement or Fraud. Call it what you will. It certainly goes far beyond business errors.
Privileges Committee has named the names and already the xRW backlash against the sovereignty of Parliament has restarted.. As have the attacks on the Judiciary following the Appeal Court ruling against Bravermans Rwanda policy!
They need to revoke the honours that BJ gave, that is the only thing that would truly hurt them and in the case of Mad Nad ,she should be strapped to a chair while children skip round her squealing " here's what you could have had "
The 'shamed' are on the attack! But being particularly stupid - or still somehow convinced they can get away with this **** - they forget that there's always a Tweet...or 2...or 3 Brenda is definitely not a happy bunny....
For those wondering whose names those might possibly be please log in to view this image How many people correctly guessed four or five of the names without even having to put much thought behind it?
In more good news... Did that made-up award for a job you don't even do make you feel better...? For those wondering which made-up trophy I'm talking about
Tonight on BBCQT, we have Mhairi Black V thicker than a boxing day turd Helen Whatley, someone in the QT office is having a laugh
There's a compilation video of her doing various interviews the other day doing the rounds. She just got slaughtered everywhere and did not come across as being very bright. Left me wondering what they're doing in these Oxford PPE degrees, to be honest.
What is causing debt to accrue ?? I assume they took a loan to finance the big eng project they have going on under London (so that has to be serviced) . I similarly assume that the annual OPEX savings they make thereafter + reduction in penalty fines would eat into the debt balance at a faster rate than just via profits.