Wednesday, April 9, 2008

The insatiable thirst for profits

There is going to be real consumer outrage across the south-east when news that Thames Water has missed its leakage targets for the fifth successive year, but upped profits by 31%, filters through to householders, writes Miles Brignall.

Only in Britain would we allow a former nationally owned company to hand shareholders a huge increase in profits, while suffering such poor performance.

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