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7 months agoThe grift is so unreal.
Hamburg Wasser made a profit of almost 100 million Euro in 2022 and since it’s owned by the state of Hamburg it didn’t shit that profit out to shareholders, but invested it into the infrastructure.
And the Tories are still reluctant to nationalise this vital service that has nothing to do in the “free” market.
I like to mention it often, but in Germany state run water companies run self-sufficient and even make money to invest in keeping the infrastructure alive. In my city we have a water loss of less than 2% due to well maintained pipes. Thames Water is losing like 25%!
I still can’t believe how this company got to grift the British people in broad daylight and is now asking for more to grift and government in charge still wants more of this.