Exactly what should happen.
The Government could potentially acquire Thames Water for £1 because its shareholders' investment is effectively worthless. But buying the company for £1 and fixing its finances are two very different things.
By using the special administration process this could be achieved.
Instead of allowing future water revenues to service excessive historical debt, more of that money could be directed towards infrastructure and environmental improvements.
Whose side are you on @andyburnham ?
US hedge funds or Thames Water households?
Why should 16 million people pay an extra £40 on interest alone for a bailout when you can write down Thames Water's debt RIGHT NOW by taking it into special administration?
theguardian.com/business/202…
27
@andyburnham bottles it.
We will end up wit more distasterous sewage spillages - higher bills and a failing service.
This is a disastrous decision.
🚨Burnham Promised Public Control of Water — Private US Hedge Funds Are About to Take Formal Control of Thames
US hedge fund creditors are close to a final deal that would give them formal control of Thames Water, the supplier for 16 million people.
The package reportedly trades cash and equity for softer pollution rules and waived penalties — a payoff for the same lenders who have overseen mounting debt and sewage spills. A near-identical proposal was rejected in June by the then Environment Secretary as inadequate. One hundred and twelve MPs have demanded special administration instead.
Burnham vowed to put life’s essentials under public control and reverse the privatisation failures that left rivers fouled and bills soaring.
Letting private US hedge funds seize formal control now would turn that promise into a spectacular, unforgivable betrayal.
12
The same truth comes out each time - report after report.
Incompetently run projects eg HS2, PPE scandal, ...incompetent implementation of policies, poor oversight or none.
Billions of taxpayers money is year on year thrown away and then they blame welfare, or the other party or anything rather than taking reesponsibility and being accountable.
This is the state of our outdated political system.
Successive governments 'asleep at the wheel' over social care, says head of review bbc.in/3Ximdzw
23
Kemi Badenoch supports Israel, supports the war crimes that persecute those in Gaza and West Bank. She supports genocide.
A humanitarian crisis she cares nothing about and will do nothing about.
xitter.twitterapi.xyz/UNICEFpalestine/status…
25
If this is true we might as well shut in our rivers. They will make it far worse than it already is.
If true this is outrageous.
It seems that Andy Burnham’s latest version of ending 40 years of neoliberalism is handing Thames Water over to US hedge funds.
Labour have stopped even pretending to serve us or our communities anymore.
Labour stand for the hedge funds.
15
Why are still sending billions to Ukraine?
The audits on the money already are behind schedule and lacking in scrutiny.
The 2025 Global Organized Crime Index identifies Ukraine as a source and transit country for human trafficking.
The 2023 Organized Crime Index described criminal penetration of state institutions as pervasive, with officials directly participating in or facilitating drug trafficking, human trafficking, smuggling and other criminal markets.
In Ukraine, the corrupt theives of EU and US cash make Pablo Escobar look like an amatuer.
Hundreds of milliions stolen while the poorest die in the ditches.
Crocodiles, Rolls Royce's, the lot.
This is only the tip of the iceberg.
13
And Zelenskyy keeps taking billions of taxpayers money to line the pockets of corrupt leaders as well as continuing to abuse his people
Ortalama olarak, her gün Ukrayna genelinde 900 erkek kaçırılıyor. Sadece 10.000 ila 20.000 dolar arasında fidye ödeyebilenler serbest bırakılıyor; diğerleri top yemi olarak cepheye gönderiliyor.
Bu, çoğu sözde Avrupa liderinin size demokrasi diye sunduğu Ukrayna.
13
So it was just political theatre
AJ EXCLUSIVE: The UK awarded £10.7m ($15m) in new public contracts to firms linked to illegal Israeli West Bank settlements, despite UK gov’t pledges to punish companies that profit from settlement activity, an Al Jazeera investigation reveals.
🔗: aje.news/99ct5z
14
Another example of government incompetence - whether it is Labour or conservatives they seem to have no audits, due diligence or oversight.
HS2 3X original budget, POE Covid scandal - billions and billions wasted money
🚨Labour handed £68m of pensions cash to an energy firm that built ZERO wind farms and paid £58m to its shareholders
Labour-linked pension funds, led by Ted Palmer, poured £68m of public workers’ savings into Bute Energy’s unfinished wind farm proposals in Wales. Not a single turbine has spun. Instead, after a paper revaluation, directors Oliver Millican, Stuart George and Lawson Steele pocketed roughly £58m in dividends while projects remain stuck on drawing boards. Seven of eight funds waved it through despite clear risks.
Reported close links between the company and Labour politicians include a £3,000 donation and event sponsorship for Cardiff North MP Anna McMorrin, free tickets and hospitality for former Newport East MS John Griffiths, and an advisory board seat given to the partner of Cardiff Central MS Jenny Rathbone. These ties add to concerns about the investment decision.
Ordinary pensioners’ money has been treated as play money for green vanity projects that delivered private windfalls, not power.
Heads must roll for this brazen raid on other people’s savings dressed up as climate virtue, with Labour politicians looking the other way while insiders cash out.
24
Still no arrests still no action in America.
All we see is the administration blocking justice - obstructing investigations, hiding the truth while putting out statements saying liberty and justice - what the fuck is that about
🚨BREAKING: NORWAY JUST BECAME THE FIRST COUNTRY TO ARREST AN EPSTEIN PEDOPHILE.
Former Prime Minister Thorbjørn Jagland taken into custody on charges of “GROSS CORRUPTION.”
Euronews showing the properties, the searches, Council of Europe lifting his immunity. Crown princess had to apologize for emails with Epstein.
Norway put the West to shame.
Your turn, America. Arrest them. Prosecute them. No more protection for the powerful. The files are real. The victims deserve justice. Do it now.
16
And why are we surprised about this!
Ukraine has a documented history of human trafficking, drug trafficking and organised criminal networks, including corruption involving officials.
The 2025 Global Organized Crime Index identifies Ukraine as a source and transit country for human trafficking.
Ukrajinské obchodování s lidskými orgány ve velkém měla být jen Ruská propaganda a dezinformace...
A ejhle, najednou je z toho pravda.
Ukrajinka usvědčena z prodeje 56 lidských ledvin, panebože... 🙊
14
And so the land grab, #lebensraum, continues this is the expansion of Israel.
It has been progressing year after year - but the world does nothing.
Outrageous. There is fraud in the welfare system - it needs to be changed and ignoring this is scandalous.
We need a system that works not just custs as conservatives propose.
🔴 Healey scraps crackdown on welfare fraud
Read more ⬇️
telegraph.co.uk/politics/202…
8
Our government should respect data privacy not let corporations abuse our data. What happened to data privacy laws - clearly they don’t matter and are worthless.
Someone should challenge this legally.
🚨Labour’s Bill Would Let Energy Firms Dig Into Your Tax Records and House Value So They Can Charge You Extra to Subsidise Others
Energy Secretary Miatta Fahnbulleh introduced the Energy Independence Bill last week that would hand energy companies access to eight government databases, including your HMRC tax and income records, child benefit, property value and pensions.
This is a major expansion beyond the limited fuel-poverty data they already get. Official assessments openly plan “progressivity”: discounts for some households paid for by extra levies on those judged better off.
Nothing happens until the bill passes and ministers create a scheme through further legislation.
Her department calls it targeting support. The unmistakable purpose is giving private firms the power to inspect your private finances and raise your bill to subsidise everyone else.
This is not support. It is a deliberate decision to treat your private tax records and property value as legitimate tools for deciding who gets charged more, then hand that power to private energy companies.
Once the machinery exists, Labour will expand it. The only real question is how far they intend to go.
13
Are we meant to be surprised by this
NEW: Our investigation finds dozens of members of the House of Lords have financial interests in major tech firms involved in the AI boom - including companies developing and supplying data centres
Exclusive by @James_L_Walker
Well I guess Zelenskyy would love to meet Andrew Mountbatten they would have lots of things to talk about - so much in common
Invitation to underline British support for Ukraine ahead of fifth anniversary of war
🔗 telegraph.co.uk/news/2026/11…
10
Yes our politicians are compromised.
🤖 Made with AI
Do Labour Friends of Israel have an AIPAC style handler?
Are they given money to be Pro-Israel?
If they are paid to support Israel, who donates the money?
Can anyone in @UKLabour explain how this works?
11
The Conservatives’ £18bn Economic Black Hole and that's being generous!
Article · @thebigcomment