Quote:
Originally Posted by nomadking
Investment requires MONEY to pay for it.
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I’m loath to agree with my lefty friends on here but the fact is, absolute shedloads of taxpayers’ MONEY are being shovelled into the utilities right now, simply to maintain the status quo. This is being done by a Conservative government which on the face of it doesn’t believe in having the activities of utility companies on the national balance sheet. Except that now they are, because they’re inevitably borrowing prodigiously to pay for it. Which of course means it’s actually future taxpayers, a.k.a. our kids, who will in time be paying to keep our lights and our hot water working.