|
|
|
|
Page 1 of 1
|
[ 5 posts ] |
|
| Author |
Message |
|
Lex
Pillar of the Community
Joined: Mon Jun 25, 2012 8:54 am
Posts: 14261
Location: Stratford
|
Severn Trent's being allowed to charge its customers an extra £88 million. I wonder where they hid the sewerage? https://www.bbc.co.uk/news/business-66922070
|
| Tue Sep 26, 2023 6:37 pm |
|
|
|
rebbonk
Pillar of the Community
Joined: Thu Oct 12, 2017 6:10 pm
Posts: 9683
Location: Coventry
|
I hold 7T in nothing but contempt. They are the pits, which makes me wonder just how bad the others are?
_________________
Of course it'll fit, you just need a bigger hammer.
|
| Tue Sep 26, 2023 7:08 pm |
|
|
|
Lex
Pillar of the Community
Joined: Mon Jun 25, 2012 8:54 am
Posts: 14261
Location: Stratford
|
Another case of a cash cow for the sharehlders.
|
| Tue Sep 26, 2023 7:42 pm |
|
|
|
Lex
Pillar of the Community
Joined: Mon Jun 25, 2012 8:54 am
Posts: 14261
Location: Stratford
|
Severn Trent's announced massive investment. They've had 40-odd years to sort the water infrastructure out; funny how they're suddenly doing soemthing about it after a s**t!(!) load of bad publicity: https://www.bbc.co.uk/news/articles/crg1nlzd33go
|
| Fri Sep 29, 2023 7:49 pm |
|
|
|
rebbonk
Pillar of the Community
Joined: Thu Oct 12, 2017 6:10 pm
Posts: 9683
Location: Coventry
|
All of the water companies have high debt levels. This is because they took out loans to pay shareholders' dividends, rather than improve their services. Now we are being expected to swallow higher prices because of their dubious practices.
I did read that for every £1 'invested' by shareholders they drew £2 in dividends. - Not bad if you can get a few 'investments' like that!
_________________
Of course it'll fit, you just need a bigger hammer.
|
| Sat Sep 30, 2023 10:10 am |
|
|
|
|
Page 1 of 1
|
[ 5 posts ] |
|
Who is online |
Users browsing this forum: No registered users and 2 guests |
|
You can post new topics in this forum
You can reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum
|
|
