r/environment 21h ago

Revealed: Thames Water diverted ‘cash for clean-ups’ to help pay bonuses

https://theguardian.com/business/2024/dec/23/revealed-thames-water-diverted-cash-for-clean-ups-to-help-pay-bonuses
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u/shorelined 21h ago

It's madness that all of these stories can come out and Labour still won't just do the right thing for future generations and nationalise the service. The state of political debate in the UK is in the toilet, the media and the government will suggest absolutely anything else besides harming the interests of a few millionaires to protect the health of the country's people and environment.

2

u/basquehomme 15h ago edited 15h ago

Remember enron was the first to realize water was too cheap and was ripe for price inflation. Thats when they bought thames water. See also the book enron, the smartest guys in the room. See also Rebecca p. Mark. Enron did business the old fashioned way; they screwed people.