Spockydog Posted June 28 Share Posted June 28 Criminality of some form, I'm sure. Link to comment Share on other sites More sharing options...
Spockydog Posted June 28 Share Posted June 28 (edited) Context: Contingency plans being drawn up for Thames Water collapse Quote Contingency plans for the collapse of Thames Water are being drawn up by the UK government and the industry watchdog amid fears that Britain’s biggest water company cannot survive because of its huge debt pile. Ministers and the water regulator Ofwat are holding discussions about the possibility of placing Thames Water into a special administration regime (SAR) that would take the company into temporary public ownership. In a statement to the stock market, the company said it had received an expected £500m of new funding from shareholders in March and was continuing to work constructively with them “in relation to the further equity funding expected to be required to support Thames Water’s turnaround and investment plans”. It continued: “Ofwat is being kept fully informed on progress of the company’s turnaround and engagement with shareholders … Thames Water continues to maintain a strong liquidity position, including £4.4bn of cash and committed funding, as at 31 March.” Thames is owned by a number of pension funds and sovereign wealth investors including the BT pension scheme, the Canadian funds Omers and British Columbia Investment Management Corporation, the China Investment Corporation and the UK lecturers’ pension fund USS. Its former owner between 2006 and 2017, the Australian bank Macquarie, was accused of asset stripping as it extracted billions in shareholder dividends while Thames’s debt soared. The water company is struggling with a £14bn debt burden, the leakage rate from its pipes is at a five-year high and, like many of its rivals, it has been repeatedly fined over the discharge of raw sewage into rivers and missing targets on pollution and sewer flooding. Edited June 28 by Spockydog Link to comment Share on other sites More sharing options...
Spockydog Posted June 30 Share Posted June 30 Link to comment Share on other sites More sharing options...
BigFatCoward Posted June 30 Share Posted June 30 3 hours ago, Spockydog said: Don't cut her off, she's hilariously inept, what was her response? Link to comment Share on other sites More sharing options...
Derfel Cadarn Posted June 30 Share Posted June 30 DanteGabriel, maarsen, Zorral and 4 others 3 4 Link to comment Share on other sites More sharing options...
Fragile Bird Posted July 2 Share Posted July 2 On 6/28/2023 at 10:17 AM, Spockydog said: Context: Contingency plans being drawn up for Thames Water collapse Ha ha ha! They recently received $500M from shareholders. There’s a sucker born every minute! Link to comment Share on other sites More sharing options...
James Arryn Posted July 2 Share Posted July 2 By the by, I occasionally get Neil Oliver stuff, and ….what’s happened? Expecting some interesting historical discussion, I am unwittingly putting my foot into Conspiracy Central, with straight up monologues about how the One World Government is making us all take Vacccines which are killing us, and other such. WTF? He’s always seemed a reasonable bloke, and dealing with history, he’s often strayed into political discussion and I must have missed all the signs of impending crackpotting. Always seemed fairly reasonable, mostly grudging anti Scottish independence, which seems to be pretty standard, and I’d have put him at moderate something at worst. Is he Scotland’s Russel Brand? Link to comment Share on other sites More sharing options...
Which Tyler Posted July 2 Share Posted July 2 (edited) 3 hours ago, James Arryn said: By the by, I occasionally get Neil Oliver stuff, and ….what’s happened? Expecting some interesting historical discussion, I am unwittingly putting my foot into Conspiracy Central, with straight up monologues about how the One World Government is making us all take Vacccines which are killing us, and other such. WTF? He’s always seemed a reasonable bloke, and dealing with history, he’s often strayed into political discussion and I must have missed all the signs of impending crackpotting. Always seemed fairly reasonable, mostly grudging anti Scottish independence, which seems to be pretty standard, and I’d have put him at moderate something at worst. Is he Scotland’s Russel Brand? As far as I can tell, he disappeared down a rabbit hole early on during Covid, never to be seen again. May have been earlier, but if so, I missed it. Edited July 2 by Which Tyler James Arryn 1 Link to comment Share on other sites More sharing options...
Derfel Cadarn Posted July 2 Share Posted July 2 3 hours ago, James Arryn said: By the by, I occasionally get Neil Oliver stuff, and ….what’s happened? Expecting some interesting historical discussion, I am unwittingly putting my foot into Conspiracy Central, with straight up monologues about how the One World Government is making us all take Vacccines which are killing us, and other such. WTF? He’s always seemed a reasonable bloke, and dealing with history, he’s often strayed into political discussion and I must have missed all the signs of impending crackpotting. Always seemed fairly reasonable, mostly grudging anti Scottish independence, which seems to be pretty standard, and I’d have put him at moderate something at worst. Is he Scotland’s Russel Brand? He’s completely lost it. Even his historical stuff can be controversial, particularly his commenta on the Highland Clearances “They left their windswept crofts behind looking for adventure and the promised land” Which woukd be like saying the Irish (and Scottish Highland) potato famine was a widespread decision to cut back on carbs. dog-days, john and James Arryn 3 Link to comment Share on other sites More sharing options...
Which Tyler Posted July 2 Share Posted July 2 https://twitter.com/MatthewStadlen/status/1674887086665596928 Link to comment Share on other sites More sharing options...
maarsen Posted July 2 Share Posted July 2 14 hours ago, Fragile Bird said: Ha ha ha! They recently received $500M from shareholders. There’s a sucker born every minute! One of the shareholders is OMERS, who keep cutting benefits to their retirees, municipal employees in Ontario. Link to comment Share on other sites More sharing options...
Derfel Cadarn Posted July 3 Share Posted July 3 Sajid Javid thinks MPs should be paid twice as much. The reply I’ve linked makes an excellent point Poobah, Fragile Bird, ants and 1 other 3 1 Link to comment Share on other sites More sharing options...
Varysblackfyre321 Posted July 4 Share Posted July 4 Hey so the government is about to ban BDS protest. The criminalization of protest these last few years is really worrying. Especially with their chief opposition giving to no pushback Which Tyler 1 Link to comment Share on other sites More sharing options...
Derfel Cadarn Posted July 5 Share Posted July 5 Parliament still a hot bed of toxic misconduct and harassment https://www.bbc.co.uk/news/uk-politics-66097839 Link to comment Share on other sites More sharing options...
Maltaran Posted July 5 Share Posted July 5 1 hour ago, Derfel Cadarn said: Parliament still a hot bed of toxic misconduct and harassment https://www.bbc.co.uk/news/uk-politics-66097839 I’m sure everyone is shocked to discover gambling is going on in this establishment Link to comment Share on other sites More sharing options...
Derfel Cadarn Posted July 5 Share Posted July 5 Inflation driving people into poverty, and what are the far right outraged about? No bank wants to do business with Nigel Farage. Apparently the banks are ‘woke’ now. Link to comment Share on other sites More sharing options...
Spockydog Posted July 5 Share Posted July 5 AncalagonTheBlack 1 Link to comment Share on other sites More sharing options...
Which Tyler Posted July 5 Share Posted July 5 And absolutely nothing in his tone or body language that shows him giving a single damn. Just screams "I'm bored, this is all beneath me" Link to comment Share on other sites More sharing options...
Heartofice Posted July 5 Share Posted July 5 46 minutes ago, Spockydog said: Still waiting for the shred there. Link to comment Share on other sites More sharing options...
Derfel Cadarn Posted July 5 Share Posted July 5 Let’s hope so BigFatCoward 1 Link to comment Share on other sites More sharing options...
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