Exactly. Have an OFWAT equivalent of the DfT's OLR - a management team ready to step in and operate the business once it fails. Thames Water's staff aren't affected, but senior managem… (View Post)

GBR doesn't yet exist. SWR - like SE and LNER etc - is now managed by DfT Operator Ltd (was DfT OLR - Operator of Last Resort - Holdings Ltd). When SWR was contracted to First group all of the d… (View Post)

This is the way capitalism *used to work*. These days we have Venture Capital where you buy a company by loading the debt needed to buy it onto the company so that it sinks. You get your money back a… (View Post)

Last week's one was the outlier. There's been poll after poll showing Con/LD convergence and the slide of the Tories is now clear and unavoidable. (View Post)

We didn’t fix it, we just made it less broken. We continue to have separate trade zones for GB and NI with regulations and controls between the one and the other. (View Post)