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Thames Water fined £122.7m in biggest ever penalty
(www.bbc.co.uk)
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this post was submitted on 28 May 2025
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Thanks Water immediately raise prices to cover it. Ditto Anglian Water.
Nationalise it, accounting for the infrastructure deficit rerouted to dividends. De-gravy train it.
Prices cannot be increased to cover it.
Those might be the rules, but I was a child when the rules last actually applied or were applied.
No-one with any ability as a politician will go anywhere near politics this century. And when I say ability I mean moral compass.
The prices are only changed during the Price Review period. The next PR is PR29 during which business plans are submitted and agreed upon.
They can't be raised to cover it.