Thames Water faces financial crisis, risks running out of money by April.

By | March 23, 2024
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1. Thames Water financial crisis
2. Risks of running out of money
3. Nationalisation of Thames Water

Fate of Thames Water hangs in the balance – risks of running out of money by end of April.

All because of greed, excessive dividends.

Milked customers for years. Dumped sewage but charged people.

No bailout. Let it go bust. Nationalise at low price.

The fate of Thames Water is uncertain as the company faces the risk of running out of money by the end of April due to greed and excessive dividends. For years, the company has been accused of milking customers, dumping sewage, and still charging people. With no bailout in sight, many are calling for the company to go bust and be nationalized at a low price. The situation has sparked outrage and calls for accountability in corporate practices. Stay tuned as the future of Thames Water hangs in the balance.

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The fate of Thames Water is currently hanging in the balance, with risks of running out of money by the end of April. This dire situation has been attributed to greed and the distribution of excessive dividends by the company.

For years, Thames Water has been accused of milking its customers by charging them exorbitant prices for water services. In addition to this, the company has been under fire for dumping sewage into rivers while still charging people for their services. This reckless behavior has not only harmed the environment but has also put the company’s financial stability at risk.

Despite the looming financial crisis, there will be no bailout for Thames Water. Many are calling for the company to be left to go bust due to their unethical practices. Some are even suggesting that the government should step in and nationalize Thames Water at a low price to ensure that essential water services are still provided to the public.

The situation with Thames Water serves as a stark reminder of the consequences of corporate greed and the importance of ethical business practices. It is essential for companies to prioritize the well-being of their customers and the environment over profits to ensure long-term sustainability.

Nationalizing Thames Water could potentially be a solution to the current crisis, as it would allow for greater oversight and accountability in the management of essential water services. By taking control of the company, the government could implement stricter regulations to prevent the exploitation of customers and the environment.

In conclusion, the fate of Thames Water hangs in the balance due to years of greed and excessive dividends. The company’s unethical practices have put its financial stability at risk, and there will be no bailout to save it. Nationalizing Thames Water at a low price may be the best course of action to ensure the continued provision of essential water services to the public.

Sources:
– Prem Sikka’s tweet about Thames Water’s financial situation: [Prem Sikka Twitter](https://twitter.com/premnsikka/status/1771247940490678347?ref_src=twsrc%5Etfw)