Thames Water seeks court approval for emergency cash
Thames Water is hoping to secure an emergency cash injection or face runing out of money in weeks.
Let it run out. Businesses should be allowed to fail. That's capitalism.
If the state want to buy the assets for a bargain price, so much the better. We'll be thankful for it in the long run.
Yep, how can the benefits of competition and reward play out if there's no punishment for failure.
Let them go bankrupt, then nationalise them
This. Exactly.
Really love how they never consider cutting their board's pay.
How about they clawback some of the fat dividends they’ve been paying out?
Need to top up their executives' pay somehow.
