Hang on…

Thames Water had zero debt when it was privatised in 1989, it currently has £15.6bn.

How much have these ‘lenders’ syphoned off; why is no-one going to prison; and why is the public purse liable for this catastrophic failure?

Investors [sic] should be liable surely?

Steve Masters Laura Farris MP Thames Water 💧 Newbury Today Action for the River Kennet (ARK) Jenny Jones Natalie Bennett Feargal Sharkey Peter Henley

With Thames Water’s impending renationalisation, we finally see that privatisation is legalised theft.

British taxpayers are now faced with the daunting task of assuming a massive £15.6bn debt, a stark testament to privatisation’s failure. #r4today #BBCBreakfast #GMB #kayburley

Say what you want about the Daleks, but when they took over from Thames Water in 2150AD, they did improve water safety standards.

Your shit, your bill - govt plan to make taxpayers pay for most of Thames Water’s £15bn debt created by its previous owners who ‘hollowed it out over decades’ bit.ly/3VZUrW1

Secret blueprint for nationalisation of Thames Water out tonight

You guessed it....Taxpayers take on the bulk of their £15.6 billion debt because they paid it all out to shareholders....
The benefits of greed and perverse politics

Exclusive by The Guardian John Collingridge

My #ThamesWater cartoon

Joined a protest today against pollution in the River Kennet. Jenny Jones calling for Thames Water 💧 be left to go bust and then renationalised. #newbury Action for the River Kennet (ARK) Steve Masters

Because this is costing our #MP Laura Farris MP votes faster than Thames Water 💧 discharging #sewage into a #Chalkstream we get handwringing editorials in Newbury Today
It doesn't hide the fact Laura has failed to vote for the strongest enforcement when she had the opportunity.

They have literally used Thames Water as a piggy bank

And done sweet FA about the crumbling Victorian infrastructure.

and I thought Thames Water had promised to get rid of this type of effluent

What next?

“The government has drawn up plans to nationalise Thames Water, which would see the utility company’s £15.6 billion debt added to the public balance sheet.” — Guardian

John Collingridge Anna Isaac Yet more shitewash,from Thames Water, and more importantly , yet more attempted theft from the public purse from both them and their Tory mates! When will we see arrests from both groups for this and other fraud and theft, conspiracy to commit , these scams amount to?

Thames Water could be nationalised with Govt taking on its £15bn debt.

Wrong.

Thames can't repay debt. Alternative value of assets (pipes/reservoirs) is low. Logic of capitalism dictates that lenders take a hit.

Govt only needs to pay pennies in the £.
theguardian.com/business/2024/…

Water companies like to tell you all about the investment they make in Thames Water 💧's case at least it's a lie.

Every single year since privatisation shareholders have taken out more cash form the company than they ever put in, every single year.

You've been had.

'Thames Water: Environment Agency calls sewage in Marlow 'unacceptable'.'

It's OK everyone, relax, the Environment Agency's on the job.

Pathetic, how utterly pathetic.

bucksfreepress.co.uk/news/24262837.…

🙈 The Government continues to turn a blind eye while #ThamesWater dump raw sewage into our waterways.

🗣️ #London needs a mayor who will hold their executives to account.

🟢 A Green Mayor will stand up and demand action to safeguard our river.

🗳 #VoteGreen in London

'Thames Water lenders face losses of up to 40% in event of nationalisation.'

This is without doubt the stupidest approach to dealing with @Thameswater that anyone has suggested but then again we are dealing with this govt. That is why I'm not surprised?

ft.com/content/105587…