this post was submitted on 03 Dec 2025
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Thames Water profits rise to £400m as bills rise by a third (www.thecanary.co)
submitted 2 days ago by rss@news.abolish.capital to c/pravda_news@news.abolish.capital
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Thames Water have secured a profit of £414m in just six months, following a 31% increase in customer bills in April. Despite this, the company claimed there was uncertainty on its “status as a going concern”. It added that it might have to be temporarily nationalised in the “very near term” if it is unable […]

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[–] Switorik@lemmy.zip 2 points 2 days ago

Just like all the other businesses raising prices and then immediately showing record profits and blaming pretend shortages.