Water Companies Propose ABOVE INFLATION Price Rise

http://news.bbc.co.uk/1/hi/business/7552564.stm

Thieving gits!!

Severn Trent said its pre-tax profit rose 9.5% to £252m in the 12 months to 31 March from a year earlier after it restructured its business. Northumbrian Water said that its profits climbed by 13.4% to £147.8m during the same 12-month period. Water companies are having to invest heavily to improve their infrastructure and cut leakages from their pipes.

Note carefully that this is after investment.

Here is something they won't want you to know (but sadly for them, they have to publish it by law):

http://www.stw*ater.co.uk/upload/pdf/B5495_2007_08_final_accounts_2.pdf
(remove the * from the URL - the forum censor removes a certain word from it! ).

Look carefully at the turnover figures for metered and unmetered users. Now look carefully at the number of customers they have that are metered/unmetered.

See why they love their water meters? Look at how much more expensive having a water meter is!!!!

Best regards,
Vulcan.