Privatised water clusterflick.

Brigadier said:
One side of the coin.

Not much fun for anyone who "enjoys" or waterways and beaches, with shoite being dumped into them.

In a land surrounded by water, and frequently pizz-wet-through with the stuff coming from the sky, how the privatised water companies manage to feck it quite as much as they do, beggars belief.
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There’s always an issue. For what we pay I think it’s a bargain.

I’ve not long returned from Cornwall, lovely blue seas but their water bills are a lot more. Coincidence?
 
Brigadier said:
I doubt it.

The tnucs who are filling our seas and rivers with shoite are also paying themselves huge bonuses and, their shareholders, healthy dividends.

Because they can.
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I might buy some more shares in water then.

The 4hit has to go somewhere!
 
Severn Trent charges us over £700 a year, so i imagine Mr P.Nut gets his watter from t'pump in t'market place.
 
Odds said:
Severn Trent charges us over £700 a year, so i imagine Mr P.Nut gets his watter from t'pump in t'market place.
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I pay close to that.

Do you consider £700 a lot for clean water and waste removal?
 
nwgs said:
Do you consider £700 a lot for clean water and waste removal?
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Good q.

I'll round it down to sixty English pounds per month that i pay for the services provided by ST water. (or 100g of fine Gold Leaf baccy :mrgreen: )
How much of that actually goes on providing me with clean water that's safe to drink? Or am i contributing to the most recent fine awarded for discharging raw sewage back into the system?

Severn Trent Water has been ordered to pay a fine of £2,072,000 for allowing huge amounts of raw sewage to discharge into the River Trent from Strongford Wastewater Treatment Works (WTW) near Stoke-on-Trent, Staffordshire, between November 2019 and February 2020.

Gov.uk
 
Odds said:
Severn Trent charges us over £700 a year, so i imagine Mr P.Nut gets his watter from t'pump in t'market place.
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Are you on a water meter? Two years ago we weren’t and we were paying £65 a month. Now we are on one and it has just gone UP to £46 per month. Feck knows what it would be now if it were based on the old rates system.

Last year when our drains collapsed we got over £200 back plus they laid new drains from our house to the sewer which took 6 weeks and cost around £80k. I don’t think I do too bad out of Thames water (for sewerage) and Essex and Suffolk water (for supply).
 
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Odds said:
Good q.

I'll round it down to sixty English pounds per month that i pay for the services provided by ST water. (or 100g of fine Gold Leaf baccy :mrgreen: )
How much of that actually goes on providing me with clean water that's safe to drink? Or am i contributing to the most recent fine awarded for discharging raw sewage back into the system?

Severn Trent Water has been ordered to pay a fine of £2,072,000 for allowing huge amounts of raw sewage to discharge into the River Trent from Strongford Wastewater Treatment Works (WTW) near Stoke-on-Trent, Staffordshire, between November 2019 and February 2020.

Gov.uk
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And dividends for this standard of management
 
carmanmemoranda said:
And dividends for this standard of management
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Within the selected time frame of the last 10 years, capital gains of Severn Trent were 34.9%, which equals an annual yield of 3%. Severn Trent reached its all-time high 23 months ago on 06.04.2022 at a price of 32.11 GBP. Today the stock price trades 22.3% lower at 24.96 GBP.

Additionally, Severn Trent paid 20 dividends over the last 10 years. Including dividends, the total return of Severn Trent increases to 85.3% and the annual yield grows from 3% to 6.4%. The total return is composed of 40.9% capital gains and 59.1% dividends.
https://dividendstocks.cash/
dividend stocks cash.

They do all right.
 
Paying dividends (which should be based on profit and good perfornance) and going bust at the same time
 
Mottie said:
Are you on a water meter? Two years ago we weren’t and we were paying £65 a month. Now we are on one and it has just gone UP to £46 per month. Feck knows what it would be now if it were based on the old rates system.

Last year when our drains collapsed we got over £200 back plus they laid new drains from our house to the sewer which took 6 weeks and cost around £80k. I don’t think I do too bad out of Thames water (for sewerage) and Essex and Suffolk water (for supply).
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Do you think by paying less than not having a meter you're only paying for the water and not their dividend rewards and the fines ?
 
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