I am not so sure the media are blaming the debt for Thames Water on dividends exactly. The question they are asking is how the Company managed to come up with the level of dividend paid given the debt accrued. That goes hand in hand with the bonus scheme for the CEO and cohorts when they managed to lose so much rather than run a successful business. I am assuming, never having been in business, that reward is for success rather than failure. They could argue of course that they have taken the precedent for not spending profits in the right way from central Government. Example being, and there are plenty, that Road Tax isn't spent on roads given the state of most of them.
Just to clarify for you also notdistant that if you had ever had to go into a darkened Messdeck to give an early morning wake up call to the next bunch on watch then you would not doubt the probability of Squires being slaughtered as real. Trust me waking some people up is a high risk operation and best done with a long stick if possible.
Just to clarify for you also notdistant that if you had ever had to go into a darkened Messdeck to give an early morning wake up call to the next bunch on watch then you would not doubt the probability of Squires being slaughtered as real. Trust me waking some people up is a high risk operation and best done with a long stick if possible.