More public control is the way to grow UK economy, Burnham to say.
That is not the same thing as public ownership.
Ofwat, Ofgem, Ofcom, CMA failed.
Need public ownership of water, energy, essentials; worker/consumer elected directors, vote on exec pay.
https://t.co/dYkK2718p5
They take the dividends; we deal with the sewage. That is water privatisation in a nutshell
Thank you @MayorOfWY for being so vocal about the disaster of water privatisation
Take action now to help pressure Andy Burnham to end water privatisation: https://t.co/UPSErBBrlu
Lloyds Bank says £160m Ponzi scheme at Godwin Capital was 'legitimate investment', won't reimburse victims.
Liquidators say it was a Ponzi scheme.
Lloyds also buried frauds at HBOS, promised a report by 2017. Nothing published.
The FCA, Govt do nothing
https://t.co/ao1J8DmNeI
England's water companies have 1,200 criminal convictions.
Fines announced, quietly deferred/waived.
No exec prosecuted.
Regulator can ban exec bonuses.
Companies reclassify exec bonuses as “retention payments” and “signing-on fees”.
No end to abuses.
https://t.co/JypgEcmIWW
Electricity sector profit margins:
UK 23% - 38%
Spain 11% - 13%
Germany 9 - 11%
France 6 - 9%
But, apparently, the reason UK electricity is most expensive is Net Zero.
Say NO to mutualisation of water in England.
Shareholders/Lenders would become bondholders, receive interest payments.
New entity would be burdened. It would pay more to borrow than the govt.
Welsh Water is mutualised, 41% of its revenue services debt.
https://t.co/JypgEcmIWW
If your kids leave the house dressed like this, and acting like this, you’ve failed as a parent.
I doubt you care, but don’t come moaning about ‘foreigners’ and ‘stopping the boats’ when your offspring are fucking scum.
I stopped paying my Thames Water Bill months ago.
I have explained to them that I'm really happy to pay for the water element, but not for sewage when they aren't dealing with it safely.
Threatening letters so far
Court next?
Government is going to let the privatised water owners keep polluting and scamming us unless enough of you good people stand up against it.
It is that simple.
Please sign and share to take control of your future
https://t.co/p7dZoNJONr
England’s water industry privatized for £7.6bn in 1989
Extracted £88.4bn in dividends
Dumped tons of sewage in rivers
Lost 1 trillion litres of water a year though leaks
Built no new reservoirs
Renationalise now without any compensation , abd prosecute and jail the perpetrators
Let's make this count
On Monday 14th September MPs are debating whether there should be a referendum on who owns England's water
This is a huge opportunity to keep the pressure on Andy Burnham to bring our water into public hands
Take 2mins to email your MP: https://t.co/oIGTi1VpKk
"Thames Water could be nationalised under Burnham tenure without spending a penny’."
Now there's a very good idea and there are plenty of ways to do it all that's needed is vision, determination and ambition.
https://t.co/xFDO3XYxTt
This is wonderful news!
There has been HUGE public pushback to any idea of shelving plans to take Thames Water into Special Administration
In Britain, parliament - not US hedge funds - is supreme
Take Thames Water into public hands. Change the law to nationalise water, energy and Royal Mail.
a lot of drivers absolutely lose their minds if they have to slow down even a little bit for cyclists on the road, but they are just fine sitting in traffic behind other cars for hours and hours every week. make it make sense.
"Thames Water creditors and government in stand-off over future."
Ah yes. the American vulture capitalists still trying to bully govt and bill payers.
Hold the line boys, hold the line.
https://t.co/Wme5UxjIwD
Burnham shelves the Thames rescue. Private equity keeps the pipes and the profits while bills rise and rivers die. Public ownership now. The water is ours. Not theirs.
England water industry was privatized for £7.6bn in 1989. Since then
They have extracted £88.4bn in dividends.
Dumped tons of sewage in rivers.
Lost 1 trillion litres of water a year though leaks.
Built no new reservoirs
But now claim to be worth £144bn.
https://t.co/JypgEcmIWW
For 37 years, privatised water companies have fleeced customers and poisoned our supply whilst extracting £88bn+ in dividends.
Privatisation is a scam. It is absurd that successive governments have allowed this farce to continue.
Put water into democratic public ownership, now.