In January 2012 we published a blog on Thames Water and the complexity of what had occured after it was acquired by Macquarie Bank (and co-horts).
At the end of that blog we warned the UK.
And here is the update, hot off the press, with the BBC completing a investigative report. Goes to air on the 5th September 2017.
Suffice to report that things have not gone well: what with polluted water, little maintenance of the infrastructure, Indeed floating sh*t.
The (UK) Environment Agency prosecuted Thames Water over the pollution, in March 2017 fined the company GBP 20 million.
Chicken feed compared to the ~15% they have been taking from the company year after year.
Ahh!!! Privatisation. When will the public (read voters) learn?
Of course, The UK has also sold the VERY successful Green Investment Bank to Macquarie.
Good luck with that.
At the end of that blog we warned the UK.
And here is the update, hot off the press, with the BBC completing a investigative report. Goes to air on the 5th September 2017.
Suffice to report that things have not gone well: what with polluted water, little maintenance of the infrastructure, Indeed floating sh*t.
The (UK) Environment Agency prosecuted Thames Water over the pollution, in March 2017 fined the company GBP 20 million.
Chicken feed compared to the ~15% they have been taking from the company year after year.
Ahh!!! Privatisation. When will the public (read voters) learn?
Of course, The UK has also sold the VERY successful Green Investment Bank to Macquarie.
Good luck with that.
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