[SA Chris]

Pay hundreds of thousands is sadly cheaper than spending tens of millions improving infrastructure.

[Dingdong]

Whilst paying their shareholders 70 million in dividends 

[Johnny Brown]

Over a thousand times more actually, 78 billion.

[stone]

Whilst paying their shareholders 70 million in dividends 

It is so important that we include all payments to capital rather than being blinkered into only seeing dividends. Yorkshire water paid £360.9m in interest to creditors in 2022/23.

It is such BS when a regulated company does an equity to debt conversion (as the water companies have done), and then claim that they subsequently aren't extracting much as dividends. Of course they aren't because they now take it out by way of interest payments.

[Dingdong]

Don't mind me, just gonna periodically drop in here and leave articles proving that water companies such as Yorkshire Water are polluting our waterways and getting away with paying insignificant fines whilst paying their shareholders dividends.

https://www.theguardian.com/environment/article/2024/may/09/englands-rivers-to-remain-in-poor-state-as-eu-laws-ignored-post-brexit-says-watchdog

[teestub]

Don't mind me, just gonna periodically drop in here and leave articles proving that water companies such as Yorkshire Water are polluting our waterways and getting away with paying insignificant fines whilst paying their shareholders dividends.

Hopefully you’re writing to your MP with your concerns, as well as posting here

[Dingdong]

When the gas network in Stannington flooded destroying a number of my neighbours homes thanks to yorkshire waters incompetence, you can bet your ass I complained about them to Olivia Blake who was nothing but excellent. Sadly they have free reign to do what they want as long they pay measly fines.

Until the water companies are back under public ownership they'll continue to funnel money to their shareholders pockets instead of using that money to upgrade vital infrastructure.

The gas network was flooded because yorkshire water decided not to invest in pipes in the area despite numerous warnings and previous instances of pipes cracking and flooding areas of stannington.

This is not dissimilar to what's happening with the raw sewage discharges, these same bastards are keeping all of our money and using it to get richer whilst our waterways are filled with shite.