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Re: Water bills
That privatisation has left the country in the toilet with no flushOriginally posted by Eric Cartman View Post
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Re: Water bills
Yet the water companies ( and other utilities) are paying record dividends to their shareholders.Originally posted by SLUDGE FACTORY View PostThat privatisation has left the country in the toilet with no flush
It’s strange that the regulators just keep allowing this to happen ……:sherlock:
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Re: Water bills
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.Originally posted by TWGL1 View PostYet 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 ……:sherlock:
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.
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Re: Water bills
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.Originally posted by SLUDGE FACTORY View PostThat privatisation has left the country in the toilet with no flush
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Re: Water bills
The people who voted Conservative but now moan about high water and energy prices can kiss my arseOriginally posted by Eric Cartman View PostPrivatisation 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.
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Re: Water bills
Yes of course it was a ridiculous statement....Originally posted by JamesWales View PostRidiculous 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.
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Re: Water bills
I don't care if you think it's a ridiculous statementOriginally posted by JamesWales View PostRidiculous 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
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Re: Water bills
So it's a private enterprise then providing a public serviceOriginally posted by pipster View PostYes 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.
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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Re: Water bills
"We’re the only water company of its kind in the UK. We don’t have shareholders, which means we put every penny back into looking after your water and our beautiful environment – now and for years to come. Learn more · In this document, you will find key information about why we have created an Open Data Strategy and how we will approach the implementation of our open data initiative. Download the document · Welsh Water is owned by Glas Cymru, a single purpose company with no shareholders and is run solely for the benefit of customers"Originally posted by SLUDGE FACTORY View PostSo 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
https://corporate.dwrcymru.com/en
Hope that helps your understanding of modus operandi
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Re: Water bills
I don't care what it's calledOriginally posted by pipster View Post"We’re the only water company of its kind in the UK. We don’t have shareholders, which means we put every penny back into looking after your water and our beautiful environment – now and for years to come. Learn more · In this document, you will find key information about why we have created an Open Data Strategy and how we will approach the implementation of our open data initiative. Download the document · Welsh Water is owned by Glas Cymru, a single purpose company with no shareholders and is run solely for the benefit of customers"
https://corporate.dwrcymru.com/en
Hope that helps your understanding of modus operandi
If water was nationalised it wouldn't be here
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Re: Water bills
All the money that Welsh water makes goes back into the business for re investment.Originally posted by SLUDGE FACTORY View PostI don't care what it's called
If water was nationalised it wouldn't be here
There are no shareholders (tick in your box)
There are dividend payments (tick in your box)
It doesnt employ thousands of people - with unionised / public sector - I'll be sacked mentality (tick in my box)
If a private company is contracted in to do a piece - and they do a bad and expensive job - Welsh Water have the power to utilise another company - that may do a better job.
Sounds like a win / win for you and me here ? - and probably lots of other people. If you have ever had to deal with WW - they are great. Speak to a person who is Welsh, no foreign call centre waits.. Customer service is exceptional, response times are amazing. WW should not be changed in any way shape or form.
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Re: Water bills
They’re the best of a bad bunch, but hardly the paragons of, non unionised (why mention that?), virtue that you’re making them out to be.Originally posted by pipster View PostAll the money that Welsh water makes goes back into the business for re investment.
There are no shareholders (tick in your box)
There are dividend payments (tick in your box)
It doesnt employ thousands of people - with unionised / public sector - I'll be sacked mentality (tick in my box)
If a private company is contracted in to do a piece - and they do a bad and expensive job - Welsh Water have the power to utilise another company - that may do a better job.
Sounds like a win / win for you and me here ? - and probably lots of other people. If you have ever had to deal with WW - they are great. Speak to a person who is Welsh, no foreign call centre waits.. Customer service is exceptional, response times are amazing. WW should not be changed in any way shape or form.
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