Comments by "" (@GlynJONES-e5m) on "'GREEDY and GRUBBY': Labour SLAMMED after Reeves tries to pass off free FROCKS as office expenses" video.

  1. TORIES DESTROYING PENSIONS: This is not a patch on the £BILLIONS STOLEN BY THE TORIES. £46BILLION to support GILTS (to support pensions). The UK has suffered a loss of business investment since the 2016 Brexit referendum worth £29bn, or £1,000 a household, according to a study by a senior Bank of England official.
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  2. Expert economists back Labour’s plan to end economic stagnation in UK Nobel prize winners and former Bank of England officials believe Rachel Reeves and Keir Starmer can bring about ‘desperately needed’ change
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  3. Life under tories: Thames Water wants to raise prices 40%, spill more sewage and not be fined - after lining shareholders' pockets Early last year, regulator Ofwat at last woke up to the exploitation of the complex financial structures around our water companies. Holding companies had been allowed to borrow against water firms’ assets to increase dividends to shareholders. In one year (2007) Thames paid out more than £650 million in dividends, even though its profit was £241 million. Sixteen years later Ofwat finally moved to stop the companies paying “themselves” in this way. Or it thought it had. Thames Water has seen its troubles deepen after its parent company defaulted on part of its huge debt pile. Kemble Water has formally told lenders it failed to meet a deadline to pay interest on £400m of debt due on Tuesday. The water giant has also asked lenders not to take any action as it explores its options. Thames Water's 16 million customers will not be affected. This notification confirms an announcement on 28 March that Kemble would be unable to repay its lenders as interest and principal payments - including a loan repayment of £190m due at the end of April - come up. It has issued a formal notice to its bondholders, but asked them to take "no creditor action" in order to enable a "stable platform" for negotiations. Companies sell bonds to investors to raise the funds they need, paying the money back over time with a premium. Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here. https://www.ft.com/content/d26f2b0f-7205-4f62-acf1-763ea7508cab Thames Water pumped 14.2bn litres of sewage into the river Thames in central London last year, according to data that highlights the quantity of effluent flowing from the pipes of the UK’s largest water company. The figures, obtained under freedom of information laws, reveal for the first time the volume of sewage outflows into the section of the river covered by the £4.5bn Tideway Tunnel, which is due to open next year.
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