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Well, we've got to give Sunak's mates time to make some profit before we get landed with the debt and a 56% increase in bills.

#UKPolitics #CostOfGreedCrisis #Water

https://www.bloomberg.com/news/articles/2024-04-17/hedge-funds-including-millennium-are-shorting-uk-water-companies


Thames Water Crisis: Hedge Funds Are Shorting UK Water Companies

Hedge funds including Millennium Management and Arrowstreet Capital are shorting the assets of UK water companies after a crisis at Thames Water spotlighted high debt levels across the industry.
Laura Benitez (Bloomberg)
#water #ukpolitics #costofGREEDcrisis
in reply to anilmc

TenPastTwo
TenPastTwo
• •
@anilmc
Yet we the taxpayer should not be liable for the water companies debt, a debt that only exists so they could pay shareholders massive dividends. I fear the Tories will use this for one last massive heist of public money to the private sector by paying off these debts created through greed.
@anilmc
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