Article 6CSJE South East Water spent more on dividends and debt than infrastructure

South East Water spent more on dividends and debt than infrastructure

by
Alex Lawson
from Environment | The Guardian on (#6CSJE)

Company criticised after 6,000 households were left without running water last month

The company which left thousands of households without running water last month spent more on dividends and servicing its debt pile over two years than investing in infrastructure, it has emerged.

South East Water spent 232m on distributing dividends and paying interest on its debts in the two years to March 2022, according to a new analysis.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/environment/rss
Feed Title Environment | The Guardian
Feed Link https://www.theguardian.com/us/environment
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments