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Minister says water privatisation has enabled "clean & plentiful water". What?? Since privatised, water firms have borrowed a staggering £53bn, much of that to help pay £72bn shareholder dividends - while sewage pours into rivers & seas. Privatisation has utterly failed We Own It

Caroline Lucas

574,805 subscribers

313,801 次观看 • 3 年前 •via X (Twitter)

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GIOVANNI DI STEFANO FRSA 的头像

GIOVANNI DI STEFANO FRSA3 年前

@We_OwnIt Well said Caroline

Janice Northmore 的头像

Janice Northmore3 年前

@We_OwnIt Why is it permissible for ANY organisation to pay shareholder dividends from borrowing and debt? Isn’t that essentially a Ponzi Scheme?

paulusthewoodgnome 🇺🇦💙 的头像

paulusthewoodgnome 🇺🇦💙3 年前

@We_OwnIt The Thames Water crisis is entirely self-made... 'When Margaret Thatcher sold off the water industry in 1989, the government wrote off all debts amounting to £5bn and granted the water companies a further £1.5bn of public money, known as a "green dowry".'

Viscount Pontypandy 🏴󠁧󠁢󠁷󠁬󠁳󠁿 🇪🇺, #NHS 💙 的头像

Viscount Pontypandy 🏴󠁧󠁢󠁷󠁬󠁳󠁿 🇪🇺, #NHS 💙3 年前

@jennynorthern21 @We_OwnIt Caroline, privatisation of the railways, energy, Royal Mail, social care & water have ALL utterly failed. The rationale, allegedly, was to deliver competitiveness leading to greater efficiency & value for money that nationalisation couldn’t deliver. The opposite has happened!

Kea 🐾🖖 的头像

Kea 🐾🖖3 年前

@We_OwnIt Make it illegal for a company to distribute dividends when that company is in the red.

Brian Arnopp - Photographer 的头像

Brian Arnopp - Photographer3 年前

@stephenkeeler @We_OwnIt Surely dividends should be paid out of profits or retained earnings not loans ... 🤔

LORIAGNE GLAUCOMA! NOT SHOUTING! 的头像

LORIAGNE GLAUCOMA! NOT SHOUTING!3 年前

@StandardsOur @We_OwnIt YET MORE LYING! MORE GASLIGHTING! THEY MAKE IT UP AS THEY GO…..😡😡😡😡

Livia Augusta 的头像

Livia Augusta3 年前

@Bob_in_NYorks @We_OwnIt It's the tory way. They say everything is absolutely fine and won't acknowledge there is even a problem. That way they don't have to fix it.

Hugh Terry 🦋 的头像

Hugh Terry 🦋3 年前

@Gilly09934700 @We_OwnIt Why do they always come out with the *opposite* of the truth - and Get Away With It?? 😡😡😡

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Water privatisation has failed. Water firms have racked up £53bn debt since 1989 & paid £72bn in shareholder dividends, while bills have soared & sewage is pumped into rivers & seas. Time to prioritise public need & environmental protection over private profit. Me on #r4today 👇

Water privatisation has failed. Water firms have racked up £53bn debt since 1989 & paid £72bn in shareholder dividends, while bills have soared & sewage is pumped into rivers & seas. Time to prioritise public need & environmental protection over private profit. Me on #r4today 👇

Caroline Lucas

161,451 次观看 • 3 年前

Caroline Lucas, "Water companies had no debt when privatised. They have since borrowed £52 billion and paid £72 billion in dividends. Meanwhile we have a sewage scandal. Privatisation of water was a serious mistake and it needs to be permanently rectified."

Caroline Lucas, "Water companies had no debt when privatised. They have since borrowed £52 billion and paid £72 billion in dividends. Meanwhile we have a sewage scandal. Privatisation of water was a serious mistake and it needs to be permanently rectified."

Farrukh

834,304 次观看 • 3 年前

We’ve paid a privatisation tax on water for 36 years. New We Own It research shows that 35% of your bill goes to debt interest and shareholder dividends - not fixing our broken system. Privatisation has failed. It's time to bring water back under public ownership.

We’ve paid a privatisation tax on water for 36 years. New We Own It research shows that 35% of your bill goes to debt interest and shareholder dividends - not fixing our broken system. Privatisation has failed. It's time to bring water back under public ownership.

Adrian Ramsay MP

51,426 次观看 • 1 年前

1989: Margaret Thatcher, "Privatised water is a better deal than nationalised water.. Water privatisation will go very successfully indeed" 2024: Victoria Derbyshire, "Huge scale of raw sewage dumped by water companies into our rivers and seas.. For more than 3.6 million hours" Ben Chu, "At privatisation in 1989 the water companies had no debt..Now they have £60 billion debt.. And paid out £72 billion in shareholder dividends" Feargal Sharkey, "The water companies have learned they can profit from pollution and do so almost with impunity"

1989: Margaret Thatcher, "Privatised water is a better deal than nationalised water.. Water privatisation will go very successfully indeed" 2024: Victoria Derbyshire, "Huge scale of raw sewage dumped by water companies into our rivers and seas.. For more than 3.6 million hours" Ben Chu, "At privatisation in 1989 the water companies had no debt..Now they have £60 billion debt.. And paid out £72 billion in shareholder dividends" Feargal Sharkey, "The water companies have learned they can profit from pollution and do so almost with impunity"

Farrukh

1,781,477 次观看 • 2 年前

"Since water was privatised, £72 billion has been taken out in dividends by water companies. "I'm the only member in the chamber that was here that voted against privatisation. "We predicted it would lead to a rip off of the public sector." Jeremy Corbyn.

"Since water was privatised, £72 billion has been taken out in dividends by water companies. "I'm the only member in the chamber that was here that voted against privatisation. "We predicted it would lead to a rip off of the public sector." Jeremy Corbyn.

PoliticsJOE

102,401 次观看 • 1 年前

Soaring bills. Burst pipes. Sewage in our rivers and seas. How many more times do we need to say it: the privatisation of water has been a total and utter failure. Bring it back into public ownership, now.

Soaring bills. Burst pipes. Sewage in our rivers and seas. How many more times do we need to say it: the privatisation of water has been a total and utter failure. Bring it back into public ownership, now.

Jeremy Corbyn

48,975 次观看 • 3 个月前

"Thames Water in England borrowed money, but they didn't use it to build better sewers or water pipes, they used it to pay dividends to themselves." Economist Michael Hudson warns that the disaster of Water Privatisation, is a template for disaster.

"Thames Water in England borrowed money, but they didn't use it to build better sewers or water pipes, they used it to pay dividends to themselves." Economist Michael Hudson warns that the disaster of Water Privatisation, is a template for disaster.

David Graeber Institute

18,312 次观看 • 11 个月前

Steve Coogan explains the reason we have sewage in our rivers & lakes is because of a 35yr failed experiment with water privatisation, its a broken system & the private companies have extracted over £80bn in that period. "It should be taken back into public ownership"👏👏

Steve Coogan explains the reason we have sewage in our rivers & lakes is because of a 35yr failed experiment with water privatisation, its a broken system & the private companies have extracted over £80bn in that period. "It should be taken back into public ownership"👏👏

Saul Staniforth

669,365 次观看 • 1 年前

Greedy privatised water companies treat our rivers and seas like an open sewer. And they've ripped off the public with higher bills while handing nearly £90 BILLION to shareholders since privatisation. In Parliament, I called for water to be brought back into public ownership.

Greedy privatised water companies treat our rivers and seas like an open sewer. And they've ripped off the public with higher bills while handing nearly £90 BILLION to shareholders since privatisation. In Parliament, I called for water to be brought back into public ownership.

Richard Burgon MP

23,929 次观看 • 3 个月前

Privatisation is the fundamental reason why water is in crisis. The only other country with fully privatised water is Chile. We’re a global outlier, clinging to a failed Ponzi scheme while our rivers choke and bills rise. It’s time to bring water back into public hands.

Privatisation is the fundamental reason why water is in crisis. The only other country with fully privatised water is Chile. We’re a global outlier, clinging to a failed Ponzi scheme while our rivers choke and bills rise. It’s time to bring water back into public hands.

Clive Lewis MP

70,368 次观看 • 1 年前

The problem with privatised water 💧 Around 90% of the world’s water is publicly owned - but England and Wales still run on a failed privatised system. For too long, water companies have been aloud to extract cash from a public necessity, all while putting profits before people and public health. The result? Polluted waterways, high bills and a system that isn’t working. It’s time to end this failed experiment and bring England’s water back into public hands. #publicownership #water #privatisation #sewage

The problem with privatised water 💧 Around 90% of the world’s water is publicly owned - but England and Wales still run on a failed privatised system. For too long, water companies have been aloud to extract cash from a public necessity, all while putting profits before people and public health. The result? Polluted waterways, high bills and a system that isn’t working. It’s time to end this failed experiment and bring England’s water back into public hands. #publicownership #water #privatisation #sewage

Unite the union: join a union

16,807 次观看 • 3 个月前

A new report from the University of Greenwich highlights: "Since privatisation the shareholders of the 10 English & Welsh water & sewage companies have invested less than nothing... but the companies have paid out the equivalent of £72.9b in dividends since 1990" #BBCBreakfast

A new report from the University of Greenwich highlights: "Since privatisation the shareholders of the 10 English & Welsh water & sewage companies have invested less than nothing... but the companies have paid out the equivalent of £72.9b in dividends since 1990" #BBCBreakfast

Haggis_UK 🇬🇧 🇪🇺

73,134 次观看 • 2 年前

Feargal Sharkey on Sir Jon Cunliffe's interim report on the water industry: "We can all agree that water privatisation has utterly failed... it's still pays to pollute... this is nothing but hanging up some new curtains & painting the front door & hoping no one notices..."

Feargal Sharkey on Sir Jon Cunliffe's interim report on the water industry: "We can all agree that water privatisation has utterly failed... it's still pays to pollute... this is nothing but hanging up some new curtains & painting the front door & hoping no one notices..."

Haggis_UK 🇬🇧 🇪🇺

51,578 次观看 • 1 年前

Given the choice between water bills going up £150 on average next year, or water companies failing Jenny Jones says "let them fail and we can buy them for 50p" Shareholders have had £2bn a year since privatisation. We have got sewage in rivers.

Given the choice between water bills going up £150 on average next year, or water companies failing Jenny Jones says "let them fail and we can buy them for 50p" Shareholders have had £2bn a year since privatisation. We have got sewage in rivers.

GreenJJNews

431,473 次观看 • 2 年前

Northumbrian Water has been pumping sh*t into our rivers and seas, & Reed took free football tickets from the parent company of Northumbrian Water. Reed says we should judge him on what he's doing. Yes, you're allowing these companies to continue to own our water & rip us off.

Northumbrian Water has been pumping sh*t into our rivers and seas, & Reed took free football tickets from the parent company of Northumbrian Water. Reed says we should judge him on what he's doing. Yes, you're allowing these companies to continue to own our water & rip us off.

Saul Staniforth

29,618 次观看 • 1 年前

Sewage dumped in rivers & on beaches, billions of £££ paid out in dividends and water companies loaded with debt That is the legacy of privatisation yet the Govt won't even consider public ownership in its review of the industry

Sewage dumped in rivers & on beaches, billions of £££ paid out in dividends and water companies loaded with debt That is the legacy of privatisation yet the Govt won't even consider public ownership in its review of the industry

Adrian Ramsay MP

50,235 次观看 • 1 年前

It is an outrage that our rivers are full of sewage. Today’s Environment Agency report makes it clear that we must invest in the crumbling water infrastructure, which has been starved of funding for far too long since privatisation. I joined Sky News to talk about it earlier.

It is an outrage that our rivers are full of sewage. Today’s Environment Agency report makes it clear that we must invest in the crumbling water infrastructure, which has been starved of funding for far too long since privatisation. I joined Sky News to talk about it earlier.

Adrian Ramsay MP

10,377 次观看 • 1 年前

Water bills will have to rise if the dumping of sewage into rivers and seas is to be stopped, a House of Lords committee has warned.

Water bills will have to rise if the dumping of sewage into rivers and seas is to be stopped, a House of Lords committee has warned.

Good Morning Britain

232,906 次观看 • 3 年前

When Margaret Thatcher privatised our water, she told MPs to wait and see before judging. Well, we've waited. We've seen (we've arguably seen too much). Now we are judging. Water privatisation has been a monumental failure. Public ownership now

When Margaret Thatcher privatised our water, she told MPs to wait and see before judging. Well, we've waited. We've seen (we've arguably seen too much). Now we are judging. Water privatisation has been a monumental failure. Public ownership now

We Own It

27,019 次观看 • 11 天前