The execs should be held personally liable for this.
The execs should be forced to fucking drink the outflow.
Should be, yes
Will be?
No.
Not until we start eating the rich
The question is why are they doing this? Are the storage tanks too small to cope with the demand?
Cheaper.
Because rather than spend the money from the bills on upgrading the system to handle the increased demand over the years, they gave it away to shareholders.
In fact in a lot of cases, Thames Water being the prime example, they gave away more than they had coming in, building up debt over the years. Not only is the infrastructure failing and the coffers empty, some owe private lenders more than they make in a decade too.
This is the end result of the privatisation of our country’s entire civilsation. From the most basic of things like clean water, to healthcare and education. It’s now all run for profit.
We are now mere commodities to be exploited to make the richest even richer, and every government this country has had since Thatcher has been nothing but eager to get their own snout in the trough.
We need to radically alter the political landscape and systems of this country. I personally can’t think of a better way to do that than force the relocation of the seat of government from London to somewhere more central to the country.
A lack of investment in infrastructure. They were too busy using the money to pay dividends and now they’re saying they need a bailout.
ya I think it’s a combination of factors causing them to do this, each of which comes back to that lack of investment.
Also, any time you wonder if a publicly owned system would be better remember we already have one, Scottish Water, and overall they perform better.
It’ll be better if we actually make the investments rather than starve the nationalised enterprise. That means adequate staffing, staff training, and infrastructure planning and development.