@gareth

Or, the for-profit owners would make it too costly and painful.

That's why this needs to be a nationwide movement, not only a petition.

#NationaliseWaterCompanies

@TCatInReality
And yet when Thames Water - valued at the time at £24 billion if memory serves - put itself up for sale, it couldn't get £3 billion.

With £20 billion in debt, let it go bust. Let the venture capitalists and profiteers swallow the losses and then nationalise it for nowt.
@gareth

@blingoali @gareth

I would pay 50p on the Pound to UK pensions, but otherwise let the creditors lose it all.

The problem is that these contracts were written in ways that obligate the gov to cover much of the debt. That was madness.

@TCatInReality
Fair comment - I wouldn't want the actual workers to be out of pocket.

Remind me, who were the geniuses who negotiated these deals? Do they now hold or have they previously - entirely coincidentally - taken up senior positions at said companies?

[EDITED to add the world 'hold', to make it read less like English is my second language 🙄]
@gareth

@blingoali @gareth

I'm sure there are many different contracts over the last few decades.

So, how many of the years since 1980 was the gov run by Tories?

@TCatInReality
That's tricky… Hang on, let me DuckDuckGo it…

Oh.
@gareth