Reply With QuoteThat privatisation has left the country in the toilet with no flushOriginally Posted by Eric Cartman
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That privatisation has left the country in the toilet with no flush
Yet the water companies ( and other utilities) are paying record dividends to their shareholders.
It’s strange that the regulators just keep allowing this to happen ……
I do worry when I see the regulators at a select committee trying to explain everything away as a work in progress, you have been around for a while guys.Yet the water companies ( and other utilities) are paying record dividends to their shareholders.
It’s strange that the regulators just keep allowing this to happen ……
There must be a whole bunch of junior staff who join these regulators with the noble intention of holding firms to account and impacting the consumer positively and then you hear the media trained quasi politician plonker in charge and it's no surprise they achieve next to nothing.
Privatisation is such a good 'jobs for the boys' program though. 20+ water companies, all of them that I have looked up (albeit only 3) went to a fee paying school. If they were heading up a nationalised water system, they would have top-down pay restraint placed upon them from the government limiting them to earning 150/200k. You go from one job for the boys paying 200k, to 20+ paying 1-3 million each delivering the same service.
The people who voted Conservative but now moan about high water and energy prices can kiss my arse
Ridiculous statement
Yes of course it was a ridiculous statement....
Welsh Water is not nationalised - it is run as a not for profit. It is not owned by UK or Welsh Gov thank fuc k.
It has a core business organisation - and EVERYTHING else is contracted out to private companies (shock horror!!). The beauty is - Welsh avoid having to employ these people (more shock...), if these companies do a bad job - their contract is not renewed. A not for profit organisation operating exactly like a private enterprise - just without the share holders.
Dont be fooled into thinking Welsh Water is nationalised - it isnt.
I don't care if you think it's a ridiculous statement
We were told that privatisation would lead to higher prices and poorer services
And that the initial,cost of reducing costs to the taxpayer would be met by the customer
And that's exactly what's happened
You are guilty but not me
I didn't vote for it
So it's a private enterprise then providing a public service
Well what a surprise that's a screw up too
Thatcher would have supported that
Not me , I didn't vote for it
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