>Yesterday, environment secretary Steve Reed, who was appearing before MPs, once again ruled out the nationalisation of Thames.
In the past he has said it would cost taxpayers billions of pounds and take years.
Don’t nationalize it. That just takes on the debt. Let it go bankrupt and then buy the assets from the liquidators for pennies.
Infrared_Herring on
Compulsory purchase it at 1p per share. Annul the debt by act of parliament. It’s not difficult.
shystylist on
Which means customers will end up paying Thames Water boss bonus…
3 Comments
>Yesterday, environment secretary Steve Reed, who was appearing before MPs, once again ruled out the nationalisation of Thames.
In the past he has said it would cost taxpayers billions of pounds and take years.
Don’t nationalize it. That just takes on the debt. Let it go bankrupt and then buy the assets from the liquidators for pennies.
Compulsory purchase it at 1p per share. Annul the debt by act of parliament. It’s not difficult.
Which means customers will end up paying Thames Water boss bonus…