Good luck to fellow HOLers supplied by Thames Water.
Report is from the BBC not some biased scandal sheet.

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No Thames Water.

You have already blown all the money you should have spent on the water system on shareholders.

You get the money back from them.

Britain's privatised water industry the biggest scam in the history of scamming.

Agreed. It is a scandal.

What is more scandalous is successive governments allowing a million people a year to enter the country and not upgrading the water system to cope.
I have warned about water supply issues for years. Wait till we are water rationed and the sewage is spilling out of people's toilets and into their houses.

But, but... We need those immigrants.

I have no love for Thames water. One point I don't understand and the media keeps making is that if Thames Water goes bust the taxpayer will face a massive bill, why?

The best thing the government can do is let Thames sort out its own problems. If they go bust then that is on the shareholders and their creditors not the taxpayer.

The public then get an water company debt free and the government can then fund new infrastructure not paying off old debts run up by incompetents.

One more point

Thought this an interesting article about water company debt.

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Water should never have been privatised

Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance.