Thames Water on Brink of Collapse
Thames is on the brink of collapse amid claims it is a whopping £14billion - prompting ministers to draw up emergency plans it if does fold.
the scenes, Chief Exec Sarah Bentley, who was paid £2 million last year alone, dramatically quit from her role on Tuesday with immediate effect, in a move observers warned had worsened the 'perilous situation' facing Britain's biggest water group.
The truth is that vital utilities like this are natural monopolies and should be run by publicly-owned companies which use their profits for two things only: 1) To reinvest and keep the services up to scratch and 2) to provide reasonable and strictly high performance related bonuses to staff at all levels to maximise efficiency and value for money. Because it's OUR money, it's OUR water, it's OUR birthright!
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