#assetstripping — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #assetstripping, aggregated by home.social.
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Kate Lamble attempts to untangle the financial engineering that underpins parts of the water industry.
Why does Thames Water have £22.8bn in debt secured against only £18bn in assets?
(16 minutes listen)
https://www.bbc.co.uk/programmes/m002w9fx
#Water #Privatisation #AssetStripping #RevenueExtraction #Radio #Journalism
-
Kate Lamble attempts to untangle the financial engineering that underpins parts of the water industry.
Why does Thames Water have £22.8bn in debt secured against only £18bn in assets?
(16 minutes listen)
https://www.bbc.co.uk/programmes/m002w9fx
#Water #Privatisation #AssetStripping #RevenueExtraction #Radio #Journalism