28-03-2024 18:09 via unison.org.uk

Opinion: Thames Water makes case for renationalisation … now!

By UNISON’s head of environment, Donna Rowe-Merriman
Shadowy overseas private equity firms have sucked all the good out of Thames Water and saddled it with billions of pounds of debt. So reports that it is scrambling to find extra cash, after handing out millions of pounds to shareholders and bonuses to top bosses in recent years, are hardly surprising.
Even its shareholders won’t keep it afloat, having refused to pay £500m by the end of the month, saying regulatory requirement
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