
Londependence Party #FBPE
@londependencehq
Londependence is a political party that stands up for London and all its people. We campaign for an autonomous, diverse and livable London. #FBPE
ID: 1152590905796374528
20-07-2019 14:47:40
5,5K Tweet
3,3K Followers
3,3K Following

Thames Water restructuring deal would provide £1.5bn now, rising to £3bn. Already has £19bn debt. Bills will rocket New money would pay adviser fees, existing interest charges, leaving £500m in usable cash. After that? End the Ponzi scheme. Nationalise theguardian.com/business/2025/…


Prem Sikka Sir Michael de Gingedale💚🇺🇦🇵🇸🇪🇺FBPE No more tax payers money for Thames Water. The govt can take it over and cease its assets but that's it. Businesses like this privatised utility should get no public money.












Thames Water data reveals raw sewage dumped in rivers rose 50% in 2024. TW knowingly acts illegally. Dumping sewage in rivers since 1989. Govt promised prosecutions. Still waiting. TW wants to hike bills by 59%. Must remove profit motive. Nationalise. theguardian.com/business/2025/…

Prem Sikka 💯Watch Thames Water 💧 in Crisis on BBC2. It leaves you realising in no uncertain terms that TW is a rubbish finance company with a failing water infrastructure strapped to its side! We need change now!

"We should be asking where our money's gone and what's happened to it." "It's a legitimate rip-off." A clip of Feargal Sharkey hits the nail on the head in #ThamesWaterInsideTheCrisis

Private equity bids for Thames Water “are conditional on further, and varying, regulatory support and accommodations being achieved”. Translation - bailout, bigger bills, no fines for sewage dumping, no restraint on dividends. Total Govt capitulation. theguardian.com/business/nils-…

