Private equity KKR pulled out of the deal to buy Thames Water.

New bidders want licence to abuse; no fines for dumping sewage, unplugged leakscausing harms

What did their due diligence reports find? Cost borne by customers.

The reports need to be made public.
archive.ph/G9tsd
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Apparently failing all pollution standards isn't low enough to go for England. Imagine toxic green slime and sludge everywhere. English tourism motto: England, come for stench of shite, stay for the e-coli illness, but good luck getting an ambulance.
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Next, those who have been fined under our penal code refusing to pay their penalty. It’s the same principle, if not applied yet another blatant instance of government looking after those with money before the electorate who put them there.
Ofwat who? It’s just a distraction.
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Thames water should be allowed to go bust. Bond holders and shareholders lose everything. The receiver then sells the assets. New company no debt. It’s called capitalism
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Taking water into public ownership would be immensely popular. This is an open goal for Labour. For the many, not the few. A sign of whose side Starmer's on.
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Starver serves himself and his masters.
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What is the objection to taking this back under public ownership?
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This can’t go on. They need to be allowed to fail, then re-nationalised so that people can be guaranteed a clean water supply and our environment can be protected.
Ofwat is not fit for purpose.
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Private equity firms should not be allowed to be anywhere near public utilities. Nationalise now.
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