Matthew Malthouse3d ago

Kate Lamble attempts to untangle the financial engineering that underpins parts of the water industry.

Why does Thames Water have £22.8bn in debt secured against only £18bn in assets?

(16 minutes listen)

https://www.bbc.co.uk/programmes/m002w9fx

#Water #Privatisation #AssetStripping #RevenueExtraction #Radio #Journalism

BBC Radio 4 - Understand, Rinsed, 4. Inkblot

We can all look the same picture, but what you make of it depends on who you are.

BBC