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Post by Pacifico on Jul 14, 2024 21:52:05 GMT
It generated a hell of a lot of investment - which is what was lacking before. Yes, by all means renationalise but dont expect anything to be better - history shows it wont be. The history of water companies since privatisation is appalling. How much has been pissed up the wall in unwarranted and unsustainable dividends? £57 Billion! All of that should have gone into investment in infrastructure improvement. All The Best What you are missing (or ignoring) is that they have had much more investment precisely because they could pay dividends to attract private capital. If you don't want dividends you don't want private investment and have to rely on public investment - which was lacking when we tried it in the past. Of course it might all be different next time.. |
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Post by ProVeritas on Jul 15, 2024 2:04:19 GMT
The history of water companies since privatisation is appalling. How much has been pissed up the wall in unwarranted and unsustainable dividends? £57 Billion! All of that should have gone into investment in infrastructure improvement. All The Best What you are missing (or ignoring) is that they have had much more investment precisely because they could pay dividends to attract private capital. If you don't want dividends you don't want private investment and have to rely on public investment - which was lacking when we tried it in the past. Of course it might all be different next time.. What you are missing is that consumer bills have more than covered the value of investment in infrastructure. No need for " external investors" the bills paid for it. All The Best |
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Post by Pacifico on Jul 15, 2024 6:40:59 GMT
What you are missing (or ignoring) is that they have had much more investment precisely because they could pay dividends to attract private capital. If you don't want dividends you don't want private investment and have to rely on public investment - which was lacking when we tried it in the past. Of course it might all be different next time.. What you are missing is that consumer bills have more than covered the value of investment in infrastructure. No need for " external investors" the bills paid for it. All The Best Absolutely no chance of that happening - between 1990 and 2018 the water companies invested over 40% of its turnover in new assets. The water companies are not making 40% profit. |
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Post by ProVeritas on Jul 15, 2024 15:21:09 GMT
What you are missing is that consumer bills have more than covered the value of investment in infrastructure. No need for " external investors" the bills paid for it. All The Best - between 1990 and 2018 the water companies invested over 40% of its turnover in new assets. The water companies are not making 40% profit. Except of course it did happen. Several large investigative journalist pieces on it last year. Do at least try and stay informed. All The Best |
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Post by Pacifico on Jul 15, 2024 16:49:16 GMT
Absolutely no chance of that happening - between 1990 and 2018 the water companies invested over 40% of its turnover in new assets. The water companies are not making 40% profit. Except of course it did happen. Several large investigative journalist pieces on it last year. Do at least try and stay informed. All The Best Dont believe everything you read in the papers by some random blogger - look at the published financial figures. The money for investment has to come from somewhere - Governments were not interested in providing it, the regulator would not let bills rise to provide it so the only way was to allow the water companies to borrow. If people lend money they expect a return - otherwise they will not lend. No amount of wishful thinking can overcome that. |
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Post by Pacifico on Jul 16, 2024 7:32:18 GMT
Labour the party of the working class? - maybe the party of the foreign working class, ours can go fuck themselves...  |
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