Monday, November 20, 2023
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Will the UK authorities bail out Thames Water in time to avoid wasting VCCP’s Brian the Otter?


Will we ever see Brian the Otter fronting up for Thames Water?

Brian, you might recall, is the VCCP creation who’s alleged to make us assume moderately higher of the monopoly water provider famed its leaks and sewage spillages.

A business has been shot, captured by spies for the Mail on Sunday. He was supposed to affix an in depth VCCP menagerie already boasting meerkats, their new wombat good friend and O2’s Bubl.

Now, nevertheless, it’s emerged that Thames Water is drowning in a sea of debt (much more disagreeable), with its CEO departing barely three years after receiving a £3m hi there current, and is teetering on the point of a nationalised bailout.

Now there’s nothing new about this debt, all £14bn of it though it’s been made worse by sharply rising rates of interest. Absolutely Thames Water’s advertising and marketing division knew about this earlier than they determined Brian and his accompanying media funds was the way in which ahead. Or doesn’t the board communicate to advertising and marketing any extra? Do any, for that matter.

Some firms should promote or they wouldn’t keep in enterprise – massively indebted supermarkets Asda and Morrison are two circumstances in level. However Thames Water?

PS TW are nonetheless within the means of digging up large swathes of North London close to yours really. Once they run out of cash (imminently it appears) will we’ve roadworks and momentary site visitors lights for ever?

PPS Opposite to common perception TW isn’t majority owned by the Chinese language and different mendacious foreigners however by two instructor pension funds, one in Ontario, the opposite representing hard-pressed lecturers within the UK. Humorous previous world.

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