Tom Killick

Thames Water asks creditors for another £2.4bn. Up to 30% of TW revenue covers financial costs. Debt spiral deepens problems, it borrowed to pay dividends. Hedge funds funding TW, hoping to asset-strip, hike bills, govt bailout. Let it go bust. Nationalise permanently.

😡😡It is offensive that Thames Water could be bailed out and then allowed to hike our water bills AGAIN, beyond the 36% average hike by 2030 already approved @cathobbs.bsky.social.bsky.social has written to the government to block the bill hike and take water into public ownership vist.ly/5nte6

Allowing this dead-company-walking to be bailed out again, instead of taking it into Special Administration and then permanent public ownership, would be a disgrace and a betrayal by the Andy Burnham government Enough is enough.

Ofwat is making Thames Water pay back *£2.87* to each household for dumping sewage Compare this to the *£176* privatisation of water costs each household EVERY YEAR If they want to help, then they must deliver public ownership. Our report explains how. Send it to your MP: vist.ly/5nqu9

Let's take our water into public ownership

The chorus of Labour MPs calling for public ownership of water continues Congratulations to @soswhitstable.bsky.social and @kevinmckenna.co.uk for a successful action on the Thames We've had it with greedy water companies extracting billions and dumping sewage in our rivers Public ownership now!

Danny Dyer is sick and tired of water privatisation. And frankly, so is everyone else It is time for Andy Burnham to listen to him, Feargal Sharkey, and the millions of people in England who want our water in public ownership

Towns in England at risk of running out of water until 2027. Over one trillion litres of water a year lost to leaks. No new reservoirs since privatisation. Record customer bills. Polluted rivers. No national planning. No national grid. Crisis deepened by privatisation. archive.ph/0XI5H

This is how private interests manufacture consent for policies that are NOT in our interest Private companies have extracted £90 billion in dividends since privatisation - and loaded them up with £72 billion in debt It is time for Andy Burnham to bring our water into public ownership!

New report funded by the privatised water industry says "The Ownership vs. Financing Debate: Ultimately, nationalisation merely moves the investment-versus-bills trade-off" Conveniently ignores that A THIRD of our water bills is currently *wasted* on debt and dividends 💧🤑💧

"As the Prime Minister declared in Liverpool: privatisation of the water industry in England has failed. Debate is now not whether change is needed, but in what form." Read an extract from our new briefing "Crystal Clear" on our Substack: cmmonwealth.substack.com/p/why-public...

LBC's Matthew Wright confessed to being 'a bit wobbly' on the case for public ownership of water. So we told him. 1/3 of your water bill is dribbling out to service debts and line shareholder pockets. That's money that could be reinvested in improving the service. Public ownership's a no-brainer.

I've just signed up to the We Own It email newsletter - they're campaigning for public ownership of public services. weownit.org.uk/people-not-p... @weownit.org.uk

There is a rot in our public services That rot is called privatisation It is time to end it and run our public services for us, not private shareholders Andy Burnham must deliver on the transformative change he is promising

Many water companies are near insolvency, so they want to hike our water bills again The government must say NO. If they can't survive, let them go bust and take them into public ownership FOR NOTHING Sign up to support our campaign for public ownership of water: vist.ly/5kxtt

Sign up to help keep pressure on Andy Burnham to deliver public ownership of water: vist.ly/5kycc

This is the kind of ambition Andy Burnham must show to tackle the disaster that is water privatisation We Own It is independent of all parties. We cannot wait to praise Andy Burnham, Nigel Farage, Kemi Badenoch and Ed Davey for delivering or calling for public ownership of our water

90% of water companies in the world are publicly owned Public ownership is neither radical nor risky. It is privatisation that is extremely risky, as England shows @greenparty.org.uk are leading the way on public ownership of water. Andy Burnham would be wise to follow

"Renationalise water. That's what the Green Party says." - @greenjennyjones.bsky.social We've been outside Green Party conference in Brighton, speaking with Greens about why we need our water in public ownership - not control It is time for Andy Burnham to bring our water into public ownership

If water companies cannot survive without hiking our bills, let them GO BUST and bring them into public ownership Support for this message is HUGE at Green Party conference and across the country Sign up to support our campaign to bring our water into public ownership: vist.ly/5kvdj

🚨BREAKING Green Party calls for Thames Water and South East Water to be taken into public ownership WITHOUT COMPENSATION by Christmas Thames Water is insolvent, and South East Water has repeatedly failed to supply water to thousands of homes This is wonderful from the Greens

Privatisation of water is a national scandal Repealing Thatcher's ban on public ownership of water is great, but it must mean bringing water into public ownership Thanks to MPs like Ian Byrne, the government is already feeling the pressure Send our NEW report to your MP: https://vist.ly/5j2im

Andy Burnham has said the new water bill will “start a 10-year journey to a very different water system". He has an open goal with Thames Water. The company is insolvent. The legislation already exists to effect the transition to public ownership. Don't kick the can down the road - start now.

41% - not for profit Welsh Water's financing costs vs 8% - publicly owned Scottish Water's financing costs We can't afford NOT to have public ownership - and it's the norm in 9/10 water systems globally www.ft.com/content/6b1f...

Repealing Margaret Thatcher's ban on public ownership of water companies is wonderful But it means absolutely nothing if he does not then bring water into public ownership Our response to Andy Burnham's #LabourConference speech

Honestly I am gutted Burnham STILL hasn't brought Thames Water into special administration Why not? It went bust 2+ years ago Shareholders have walked away US hedge fund creditors want to pollute illegally then sell it 16 million so-called "customers" need you to TAKE IT BACK

“Thames Water should have been in special administration yesterday... How can this Government be serious about their promise to reverse Thatcher’s legacy of privatisation, if they are not urgently bringing it into public hands?” www.standard.co.uk/business/bus...

In England, nearly all rivers and beaches are polluted, taps run dry and trillions of litres of water are leaked each year. Yet, we pay some of the highest water bills in Europe. Our new report shows how this system is fixable through public ownership. 🧵 www.common-wealth.org/publications...

This morning, 99% of delegates polled at Labour Conference said that Thames Water should be brought into public ownership. It's SO obvious what the public want. Now it's time for Andy Burnham to do it. #labour26

We asked delegates at #Labourconference to cast their vote on the future of Thames Water. The result? 99 votes in favour of public ownership for the failed company. #Labour26 Give your MP the facts on the future of Thames Water - send them our MP briefing. vist.ly/5k6se

#LabourConference MPs and delegates have sent Andy Burnham a clear message today. Get Thames Water sorted and put into public ownership - don't give it up to US Hedge Funds. #labour26

We've been at Labour Conference today asking MPs to show what they think should happen to Thames Water by voting - public ownership, or handing it over to US hedge funds. This is how the vote went... Find out more about the future for Thames Water: read our MP briefing vist.ly/5k5te

Andy Burnham has promised to reverse Thatcher’s legacy of privatisation Our short NEW report outlines how he can practically deliver public ownership. Take 2 mins to send our report to your MP now: vist.ly/5jqvg

Our new report in @mstaronline.bsky.social today No dodging of the issue, no compromise. Ownership is key. If we don’t own the asset, we don’t get the benefit of revenue streams from bills and we don’t really have control morningstaronline.co.uk/article/we-o...

For 40 years, our public services have delivered for shareholders, pension funds and private equity - and squeezed us It is time for legislation to force them to RAISE THEIR GAME OR GO BUST, and then take them into public ownership Read our NEW REPORT: vist.ly/5jnq4

Deadline: midnight today ⏰ NO MORE water bills increases Let them go bust, take over the failed companies

LET THEM GO BUST Tell Ofwat that water companies shouldn’t get any more of our money. No more bill hikes. Let them go bust and bring them into public ownership. ✍️ Take 2 mins to complete the consultation Deadline⏱️: midnight on Thursday 24th September vist.ly/5jey7

People are sick of the private water industry's 💩 in England. Kudos to the Dyers and Becky Hill for endorsing the cause of publicly owned water.

Hedge funds or households? TIME TO DECIDE Can you join our protest at Labour Party Conference next week, asking Labour MPs to vote on what should happen next for Thames Water? 🗓️Monday 28th September 🕗8am - 10am 📍Keel Wharf, toward the Wheel of Liverpool 1/2

66 MPs spoke at the debate on water in Parliament last week. Another 5 attended. Was your MP one of them? Our new blog on the debate has the details.

This is such a powerful speech from Chris Hinchliff There are many reasons why we must bring our water into public ownership. NATIONAL SECURITY and DEMOCRACY are not mentioned enough

Is it too much to ask for water companies to have more actual engineers than financial engineers? Labour MPs are speaking out for public ownership of water It is time for Andy Burnham to bring our water into public hands

When we go into an NHS hospital, we want to be able to trust that our health is the number one priority - not a private company's profits Tony Sullivan is absolutely spot on. It is time to end NHS privatisation

🚨Breaking MPs take a stand against a dangerous deal that could allow Thames Water to stay in private hands It is time for the government to stop covering their eyes to the only viable solution here: Special Administration and then permanent public ownership

The government keeps trying to make water privatisation work After 37 years, it's time to accept that it has comprehensively failed. The Green Party and Adrian Ramsay fully understand that Andy Burnham's words show he also understands this, but it is time for action

Do you get a pay increase when you've failed to do your job? Private water company bosses do. Claire Young is right - we should be holding the top brass to account. But we should go further. Fine the companies into oblivion, and take them into public ownership. No excuses, no delays.

Public ownership is the ONLY way forward for our water companies "Public control" is not good enough These assets and their revenue streams must be OWNED BY THE PUBLIC so all profits can be reinvested in fixing infrastructure, stopping leaks and sewage www.telegraph.co.uk/politics/202...

82% of people want English water to be in public ownership. They don't want assets and profits flowing out to overseas investors! Public control of water is totally unacceptable. It must be OWNED BY THE PUBLIC so all profits can be reinvested in fixing infrastructure, & stopping leaks and sewage.

200,000 people signed the petition for a referendum on water being taken into public ownership. 73 MPs debated the issue in Parliament on Monday. Now it's up to government. They should listen. We pay for - and depend upon - our water system. Now, it’s time for us to have a say.

Water industry deniers always talk about the costs of public ownership of water. They never talk about the savings. Billpayers' money is being siphoned off from the water sector to benefit overseas shareholders and hedge funds. Returning water to public ownership in England is a no-brainer.