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“Customers pay on average 20% of their bill towards servicing debt and rewarding shareholders, says CMA”
“When the Conservative prime minister Margaret Thatcher sold off the water industry in 1989, the government wrote off all debts amounting to £5bn and granted the water companies a further £1.5bn of public money, known as a “green dowry”. As of this year net debt of the main water and sewerage companies was £53.9bn.”
“Customers pay on average 20% of their bill towards servicing debt and rewarding shareholders, says CMA”
“When the Conservative prime minister Margaret Thatcher sold off the water industry in 1989, the government wrote off all debts amounting to £5bn and granted the water companies a further £1.5bn of public money, known as a “green dowry”. As of this year net debt of the main water and sewerage companies was £53.9bn.”
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