Reoord profits, increased bills reaching 17% over inflation, over 5 years and now the greedy barbarians want to lobby the government to change the law allowing them to cut the water supply to people who cannot pay their bills.
What is wrong with this society? What is the regulator OFWAT doing? Are they being wined and dined by Thames Water, owned by the Austrlian bank Macquarie?
Thames Water's profts were up almost 4% on last year's £590m, while many ordinary people are struggling. Indeed they have the cheek to say after decades of under-investment, we have to pay for a £5.5bn investment programme to construct two "super-sewers" to rid the Thames of 32m tonnes of raw waste a year. It is the decades of under-investment by the privatised utilities owned by people so remote from the communities they serve and so obsessed by profit and greed, that as a society we should no longer tolerate it.
I do not understand how people like David Owens, the Chief Executive of Thames Water, can sleep at night...
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