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5 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…
A sensible decision that I doubt the majority would disagree with. I note the copy says that customers **’should** not pay it though, so we wait and see.
That being said, and as a Thames Water customer, I’m sure we’ll end up footing the bill one way or another.
How does anyone even go about making it so customers are not paying the bonus? Is there any other way Thames water can find the cash?