All the stories about the water industry are a case book example of why privatisation doesn't work. These public companies have failed to invest in infrastructure for decades, instead being milked as cash cows for investors.

They've essentially stolen money from the UK public who pay for all this through their bills and had the assets sold from under them by the Cknservatives.

Bills are going up by 35% in Thames Waters case due to how badly managed the company is. Investigations have shown huge sums have been paid out in dividends yet the companies have creaking infrastructure and massive debts.

The water companies need to be forcefully renationationaised for a nominal fee of £1 and their debts written off. The investors and banks should pay the price for fleecing the water companies.

And these are the same dickheads that have been given permission to increase their bills by 35%.

If you would not want to do X in public because you would look like monsters, consider not doing it in the first place.

Treasonous dogs

Discussions – held in secret – considered the risk of a public and regulatory backlash

I can only assume said discussions came to the conclusion.

They don't give a shit about the public, and nor do the regulators.

The lack of "regulatory backlash " makes me wonder how well spread these bonuses were.

And? Were they right?

Dirty fucking creeps.

We should privatize the air the plebs breath!

The final Frontier

So they went out of their way to siphon (pun intended) off the money, showing utter contempt for everyone apart from themselves and shareholders.

They should be dragged from their homes and everything they own siezed. Then they can clean drains for the rest of their lives.