BREAKING: The government has begun drawing up contingency plans for the collapse of Thames Water amid growing doubts.
https://twitter.com/SkyNews/status/1673811016906424320
https://twitter.com/SkyNews/status/1673811016906424320
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!ukpolitics@lemm.ee appears to have vanished! We can still see cached content from this link, but goodbye I guess! :'(
On the contrary, I'm putting the goalposts back where they were before you misunderstood them.
From the article:
Hall concludes the companies have borrowed to pay dividends, rather than to invest in infrastructure projects. The £123bn of capital expenditure spent by the companies has all been financed by customer bills, the analysis states.
Read the thread you're commenting on mate.
Under no circumstances should a company be borrowing and paying dividends at the same time
I have no objection to particular instances of imprudent dividend paying being criticised. I specifically rejected this absolute statement.