Privatised prison. People are making profits out of this. Absolutely appalling. What’s Suella Braverman got to say about the suffering of Rianna and the probably unnecessary death of Aisha. Disgraceful. #SuellaBraverman#privatisation
We have a private company (Roots Allotments) bidding to set up private #allotments on council (public) land. They want to take what is ours and rent it back at many multiples of the cost.
A water crisis in the United Kingdom reopens the privatisation debate.
Debt-ridden Thames Water, the company managing the water supply of the London area, announced on Monday it had raised €880 million from its shareholders.
But the company has a debt of nearly €16 billion.
The government said in June it was ready for any scenario, amid concerns the largest water company in the UK may go under.
Water companies load themselves with debt while pumping sewage into waterways, hiking bills and paying billions to shareholders – a scam against the public that will only end by taking our water back from the profiteers
For customers of #SouthWestWater, this will come as no surprise, but in the two years to March 2022, SWW spent more on interest payments & #dividends than it did on maintaining (improving) its infrastructure....
You can decide for yourself whether this in any way contributed to their catastrophic failure of #water supply early this year.
That this included a 'special dividend' approved by #OfWat merely confirms that the regulator(s) have been asleep at the wheel.
Everybody should watch this #LedByDonkeys clip: Water Privatisation is a con. A complete, utter con. We should just get rid of all this - nobody benefits but rich investors
@jbenjamint@simon_brooke its a good point, whether investment is funded by customers or taxpayers
One of the motivations for privatisation was to shift the burden of investment required by EU legislation from (progressive) taxation to (regressive) billing
Essentially a shifting the burden from the wealthier to all consumers regardless of their ability to pay
Chief Executive of Reading-based Thames Water to step down with immediate effect
The boss of Thames Water has stepped down with immediate effect weeks after being forced to give up her bonus over the company’s environmental performance.
Ms Bentley said in May that she would give up her bonus.
But even after giving up the bonus, the chief executive managed to double her pay, raking in £1.5 million.
#Kent and #Sussex hosepipe ban announced from 26 June
“Some households in Kent and Sussex have been without water since Monday due to supply issues”
@junesim63 you were sayjng this the other day: good to finally have a #HosePipeBan now but it really sounds like they left it to the very last minute, in the name of “business as usual” #Drought
#ClimateDiary adding this article on the #HosePipeBan (the earliest in 11 years). Pretty bad that 4 schools (as well as several households) in different parts of #Sussex found themselves without water and had to close. #Southeastern Water are blaming customers for using far too much water. This may be true but there are also serious #Infrastructure issues and failures by Southeastern themselves. #privatisation breaking the whole system. #Drought
Agreed, in this model, lax regulation is the key issue, but that would not be a mistake, bu rather a feature of how the #privatisation was intended to (further) enrich the rentier class
This is what happens when you let capitalists take control of essentials. The drive for privatisation (of profits, naturally) has destroyed this country.