Severn Trent's being allowed to charge its customers an extra £88 million. I wonder where they hid the sewerage?
https://www.bbc.co.uk/news/business-66922070
Water Bills on the Up
Severn Trent's being allowed to charge its customers an extra £88 million. I wonder where they hid the sewerage?
https://www.bbc.co.uk/news/business-66922070
I hold 7T in nothing but contempt. They are the pits, which makes me wonder just how bad the others are?
Of course it'll fit, you just need a bigger hammer.
Another case of a cash cow for the sharehlders.
Severn Trent's announced massive investment. They've had 40-odd years to sort the water infrastructure out; funny how they're suddenly doing soemthing about it after a s**t!(!) load of bad publicity: https://www.bbc.co.uk/news/articles/crg1nlzd33go
All of the water companies have high debt levels. This is because they took out loans to pay shareholders' dividends, rather than improve their services. Now we are being expected to swallow higher prices because of their dubious practices.
I did read that for every £1 'invested' by shareholders they drew £2 in dividends. - Not bad if you can get a few 'investments' like that!
Of course it'll fit, you just need a bigger hammer.
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