Utillity companies should be public owned & the govt MUST ensure that they cannot ever be sold off again.
#NationaliseNow #Labour #Burnham
Burnham demonstrating he's as economically clueless as every PM since Thatcher.
#MMT
Utillity companies should be public owned & the govt MUST ensure that they cannot ever be sold off again.
#NationaliseNow #Labour #Burnham
It can be nationalised very easily and for free.
Freeze their bills, watch them go bankrupt, takeover water supply as soon as they stop, as the law already states.
Job done.
Companies have violated their licences. Shares worthless. Debt low value.
Railtrack, Northern Rock were taken over without compensation for investors.
Can do the same for water companies? But govt obsessed with privatisation.
'We apologize, we were meant to have 9 coaches but for some reason were given 5'
#nationalisenow
'We apologize, we were meant to have 9 coaches but for some reason were given 5'
#nationalisenow
They have shown they cannot run Water Companies, nor can they be trusted with the Public's money.
Which it all is.
Allow this? Then why not allow all kinds of chemicals in our food and then give a handouts to cancer charities.
It’s that crazy.
#NationaliseNow
Allow this? Then why not allow all kinds of chemicals in our food and then give a handouts to cancer charities.
It’s that crazy.
#NationaliseNow
Sewage in our rivers. Bills going up. Profits protected.
Public services should be in public hands.
A nearly 33% increase in one year
The Water Companies are still dumping as much sewage, they are still in as much debt
But at least profits are nearly 4x higher and CEO salaries have nearly tripled
That's nice isn't it?
How long will the government persist in being an accessory to the criminal operations of the water companies?
TW with £21bn debt, history of abuses & criminal convictions insists that it will pay bonuses, now calls them “retention payments”.
Govt must cancel it's licence, let it go bankrupt, prosecute execs, nationalise.
archive.ph/FpLe0
It's a scam to make the wealthy even more money, but it is US who are paying for it.
#Labour doesn't care because they're on their side, not ours. Vote Labour get #Tories.
#NationaliseNOW
It's a scam to make the wealthy even more money, but it is US who are paying for it.
#Labour doesn't care because they're on their side, not ours. Vote Labour get #Tories.
#NationaliseNOW
Nationalise them the same way, freeze prices, hike profit taxes and fine them until they are bankrupt.
Then buy them for peanuts.
🔹Paid out over £10bn in dividends since privatisation in 1989
🔹Accrued debts of over £16bn since 1989
🔹Failed to invest in infrastructure, resulting in leaks and pollution
🔹Spends over 25% of income servicing debts
🔹Wants to hike bills by 53%
#NationaliseNow
🔹Paid out over £10bn in dividends since privatisation in 1989
🔹Accrued debts of over £16bn since 1989
🔹Failed to invest in infrastructure, resulting in leaks and pollution
🔹Spends over 25% of income servicing debts
🔹Wants to hike bills by 53%
#NationaliseNow
ALL water companies, then do the other utillity companies.
We're paying some of the worlds highest prices & receive a piss-poor service, all whilst we contribute to making the fat cats even richer.
Why does #Labour & the #Tories allow this to happen?
Because they don't care.
It's a myth, and here's why.
ALL water companies, then do the other utillity companies.
We're paying some of the worlds highest prices & receive a piss-poor service, all whilst we contribute to making the fat cats even richer.
Why does #Labour & the #Tories allow this to happen?
Because they don't care.
Dump sewage in rivers, have 1,135 criminal convictions
Built no new reservoirs since 1989. Paid £85bn in dividends, have debt of £70bn
One- third of the customer bills cover debt servicing.
Govt is OK with privatisation.
🏥 81% want publicly owned NHS
🏫 78% want publicly owned schools
💧 73% want publicly owned water
🚂 70% want publicly owned rail
✉️ 70% want publicly owned mail
🚍 67% want publicly owned buses
💡 65% want publicly owned energy
Since privatisation steel companies have received subsidies; govts didn't take equity stake.
Water and energy are also vital. Need to be nationalised to promote investment, end profiteering, reduce business and household costs.
Now they have affordable bills, free water fountains, high customer satisfaction and safe swimming in the Seine"
Public ownership made it happens
via @weownit.org.uk
Newsletter weownit.org.uk/people-not-p...
It's wrong & should NEVER be allowed to happen.
#NationaliseNow
WW loses 20.9% of its distributed water to leaks.
Dumps sewage in rivers.
Has criminal convictions.
Customers fleeced.
But CEO rewarded for failures.
Nothing will change until profit motive is removed.
It's wrong & should NEVER be allowed to happen.
#NationaliseNow
For everyone else, it's a cancer that we all pay throught the nose for.
#NationaliseNow
"And if it is privatised we get hardly any."
The penny is dropping.
For everyone else, it's a cancer that we all pay throught the nose for.
#NationaliseNow