“Thames Water shareholders to inject £1.5bn as part of overhaul”

Jul 19, 2022 | In the news

As we approached the hottest day in history ever, our water, and that of several thousand others in half a dozen local postcodes, was cut off for about 18 hours. Who knew that one, giant, Victorian water main running through a field in Witney supplies a big chunk of this part of the Cotswolds and that when it cracks, it brings everything to a halt. You’d suppose that Thames Water might know this. Dig a little, and you’ll find that our friendly, local water utility is now owned by ‘a mix of private equity and sovereign wealth funds’. Not the sovereign wealth of our own, dear Queen, I’m sure, and not a ‘mix’ likely to care much about the welfare of a pipe in Witney. Or much else besides making a profit and getting out on top, dry and without a trace of sewerage.

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“The working-from-home illusion fades”

“The working-from-home illusion fades”

Are workers working from home more or less productive than those catching the 7.02am to London Bridge every day? ‘Probably sitting at home in their bleedin’ jim-jams’, said someone recently of a less-than-helpful call centre employee, the assumption being that, were they surrounded by colleagues and with a manager cracking the whip, he or she would have sorted his energy bill more efficiently.