Cost of Living - How are you handling it?

Some coffee shops in London have broken the £5 barrier for a Flat White. :shock:

Water companies in England and Wales want bills to increase by between 24% and 91% over the next five years, according to figures compiled by the consumer watchdog.

Southern Water is asking for the biggest jump of 91%, according to the Consumer Council for Water (CCW), with South Staffordshire and Cambridge Water asking for the lowest rise of 24%.

Water firms say the increases will fund £100bn of spending over the period, which will include replacing ageing, leaking pipes and reducing sewage discharges into rivers and seas.

The latest bill hike demands come ahead of a crucial meeting this week when the industry regulator Ofwat will decide what companies can charge between 2025 and 2030.

https://www.bbc.co.uk/news/articles/ce55vp78n40o

Great news for the shareholders. :wub:

^ Water companies are a bloomin' joke. Years of siphoning off cash rather than investing in reservoir and pipe replacement work and now they want customers to foot the bill.

BBC news wrote:Water firms say the increases will fund £100bn of spending over the period, which will include replacing ageing, leaking pipes and reducing sewage discharges into rivers and seas.

"We need the money so that we don't chuck sewage into rivers".

jawa_ wrote:^ Water companies are a bloomin' joke. Years of siphoning off cash rather than investing in reservoir and pipe replacement work and now they want customers to foot the bill.

BBC news wrote:Water firms say the increases will fund £100bn of spending over the period, which will include replacing ageing, leaking pipes and reducing sewage discharges into rivers and seas.

"We need the money so that we don't chuck sewage into rivers".

Exactly! They're talking about fixing things that were their responsibility to maintain.

jawa_ wrote:^ Water companies are a bloomin' joke. Years of siphoning off cash rather than investing in reservoir and pipe replacement work and now they want customers to foot the bill.

BBC news wrote:Water firms say the increases will fund £100bn of spending over the period, which will include replacing ageing, leaking pipes and reducing sewage discharges into rivers and seas.

"We need the money so that we don't chuck sewage into rivers".

Go live in communist Russia if you don't like companies making well earned profits

Moggy wrote:Go live in communist Russia if you don't like companies making well earned profits

...

. Nearly all (all?) companies seem to be pretty shite now; they want workers to practically kill themselves in devoting their lives to work, whilst at the same time sacking them off as soon as someone offers them a bit of cash to sell out.

/

.

jawa_ wrote:
Moggy wrote:Go live in communist Russia if you don't like companies making well earned profits

... . Nearly all (all?) companies seem to be pretty shite now; they want workers to practically kill themselves in devoting their lives to work, whilst at the same time sacking them off as soon as someone offers them a bit of cash to sell out. / .

Here's the scary part, companies have always been like that. It's just nowadays we don't chop their strawberry floating heads off if they go too far. :toot:

Moggy wrote:Here's the scary part, companies have always been like that. It's just nowadays we don't chop their strawberry floating heads off if they go too far.

For a while I think I turned a blind eye to it, but I think you're right - companies really are banana-splits. Not all of them, perhaps, and not all of the time... but certainly most of them for most of the time. And it is, of course, people that make these choices and decisions... and so it's people that are banana-splits.

Blimey. How deep does this go?

. I might have to stop thinking about it :lol:

.

To be fair, it's not people in general who make those decisions, it's the very small subset of people who own businesses or invest in them.

site23 wrote:To be fair, it's not people in general who make those decisions, it's the very small subset of people who own businesses or invest in them.

While still a minority, just under 5 years ago, 13,966,454 made the decision to continue with it.

Being a water company CEO is much worse than being one of those fourteen million Tory voters. (I'm not saying that because I particularly like the Tory voters, obviously...)

Cost of Living - How are you handling it?

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