In capitalism a corporation is supposed to distribute profits to shareholders. It seems Thames Water has developed a nasty habit borrowing to pay their dividends to shareholders.
It was only a few months ago it was announced that Thames water had debt of 14 billion for this reason, and today they say their debt is 17 billion. So it seems nothing has been done about this nasty habit.
It is time to take Thames water into public ownership and let the shareholders, management and the banks to sort out the mess they have caused.
British Gas profits are up more than 10 fold while people are unable to pay the heating. it is time a proper cap was introduced for profits for all corporations. There must be a limit on how much profit they can make especially if they are in a monopoly and the what they are selling is essential for life.