Liked Glyn Moody (@glynmoody@mastodon.social)
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‘The whole thing stinks’: UK water firms to pay £15bn to shareholders as customers foot sewage bill - https://theguardian.com/money/2023/may/20/the-whole-thing-stinks-uk-water-firms-to-pay-15bn-to-shareholders-as-customers-foot-sewage-bill it's simple: no dividends until the infrastructure is upgraded, and no price rises. if investors don't like it, they can move elsewhere. investors do not have an inviolable right to dividends; the public does have a right to rivers and seas without sewage - if companies can't do this, nationalise them

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