Sunday 31 March 2024

Down the plughole, please

I don’t live in the area ‘served’ and heavily polluted by Thames Water, but I’m all in favour of letting the company go bust instead of getting a £15 billion bail-out from the taxpayer, of which I am one of the more demanded-from sort.
    The company paid stupid amounts of cash to the gang running the show and ran up massive debts to feed cash to its shareholders rather for than infrastructure upkeep.
    In the real world, that’s a course heading straight for the buffers. Which is where Thames Water should end up.

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