PaulB
Active Member
Muck fee!
Nationalise, regulate or laissez-faire?
- Thread starter All uphill
- Start date
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Muck fee!
qigong chimp
Settler of gobby hash.
While Gelt, the cronies' river runs
Through loopholes measureless to man at HMRC
Down to non-dom offshore trusts in the pristine Carib Sea.
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spen666
Well-Known Member
Without some more details of what you are referring to and how the proposed Nationalisation. laissez faire or regulation would work, its impossible to make an informed position statement
Even in laissez faire situations there is some form of regulation and vice versa
A
albion
Guest
https://www.theguardian.com/environ...2/nov/30/englands-water-the-worlds-piggy-bank
Up in the north east we can manage several times over, off the one reservoir, that being enormous Kielder.
Yet the extra large bills tend to deliver for foreign pension funds.
And cynical me, thinks it likely all the stupid money on over cost windfarms is offshore too.
Up in the north east we can manage several times over, off the one reservoir, that being enormous Kielder.
Yet the extra large bills tend to deliver for foreign pension funds.
And cynical me, thinks it likely all the stupid money on over cost windfarms is offshore too.
BoldonLad
Old man on a bike. Not a member of a clique.
- Location
- South Tyneside
Naturally, I would be happy to pay less, but, living in the North East, with Northumbrian Water as my water supplier, my combined water and sewerage charges are £19/month, which compares quite favourably with the average figure of £34/month, IMHO.
A
albion
Guest
https://www.theguardian.com/environ...nce-privatisation-ofwat-refuses-impose-limits
Water companies keep upping debt levels, no doubt to maintain or increase dividends.
'They have been running ratios of debt to capital value from 60% to more than 80%, according to Ofwat data. The regulator has considered inserting conditions into water company licences to limit the debt a water company can take on in order to protect the public from the impact of financial collapse because of high levels of borrowing. But Ofwat has so far rejected the idea.'
Water companies keep upping debt levels, no doubt to maintain or increase dividends.
'They have been running ratios of debt to capital value from 60% to more than 80%, according to Ofwat data. The regulator has considered inserting conditions into water company licences to limit the debt a water company can take on in order to protect the public from the impact of financial collapse because of high levels of borrowing. But Ofwat has so far rejected the idea.'
A
albion
Guest
I am just thinking that there is a correct term for their actions.
Asset stripping. Easily solvable via proper regulation. Sadly our regulators always seem to be looking over their shoulder.
Asset stripping. Easily solvable via proper regulation. Sadly our regulators always seem to be looking over their shoulder.
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MrGrumpy
Regular
Regulators are in the pocket of business , an inept government at the helm. You have CEOs only interested in share holder profit and f…k everything else.
A
albion
Guest
Most sensed cover up when the dredging happened.
Taking back control at its finest.
Taking back control at its finest.
