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Secret email from Severn Trent water boss to rivals: fend off nationalisation
(www.standard.co.uk)
this post was submitted on 30 Jun 2023
34 points (97.2% liked)
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Yeah but the water company can't go bankrupt because it provides a key service. So the government will HAVE to rescue it and thus they'll HAVE to pay the investors something. Might be a write down but one way or another tax payers will be on the hook. I'm not supporting this shit btw. The water companies are a natural monopoly so should be controlled by the government and never have been nationalised. I'm just saying what is EVENITABLY going to happen.