Mex@feddit.uk to United Kingdom@feddit.ukEnglish · 3 months agoWater firms ask for bill rises of between 24% and 91%www.bbc.co.ukexternal-linkmessage-square71fedilinkarrow-up1141arrow-down11
arrow-up1140arrow-down1external-linkWater firms ask for bill rises of between 24% and 91%www.bbc.co.ukMex@feddit.uk to United Kingdom@feddit.ukEnglish · 3 months agomessage-square71fedilink
minus-squareIchNichtenLichten@lemmy.worldlinkfedilinkEnglisharrow-up2·3 months ago but the problem is that “make it publicly owned” means “buy out their shares” which is giving them a bailout The shares would be almost worthless. plus “service all the debt the company is in” which is another bailout Nope, the company would be wound up.
The shares would be almost worthless.
Nope, the company would be wound up.