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Prem Sikka
premnsikka.bsky.social
did:plc:v37jbm7ajyevhnygruyftjbc
Thames Water wants to be spared billions of pounds of costs and fines over the next 5 years.
TW ripped off customers, dumped sewage in rivers, neglected investment, borrowed money to pay dividends.
Laws must apply. No public bailout.
Let it go bankrupt. Nationalise for nominal sum.
https://www.theguardian.com/business/2025/mar/14/thames-water-asks-ofwat-to-be-spared-fines-costs
2025-03-16T08:00:45.452Z