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2026-09-18 07:26:56 UTC

MiaK 🏴󠁧󠁢󠁷󠁬󠁳󠁿 🇵🇸 on Nostr: "[T]he company, which has debts of £20bn and is being controlled by a group of 100 ...

"[T]he company, which has debts of £20bn and is being controlled by a group of 100 hedge funds and distressed-debt investors ... "

How did this *ever* become the default method of managing something as fundamental as water? Or of managing anything at all.

https://www.theguardian.com/environment/2026/sep/18/mps-urge-ministers-thames-water-talks-hedge-funds-special-administration-regime

#UKPolitics #DisasterCapitalism