Investment and Thames
Apparently government sources are now warning us we have to be nice to Thames Water. Talk of collapse or nationalisation is dangerous because it might put off other foreign investors worried about putting money into the UK if it is going to be nicked by the state.
This is, of course, utter tosh.
What puts off investors is the thought that even the basic supplies that no company, or even home can manage without are so mismanaged that they are not reliable, that the countryside is filthy and the fear that utility suppliers will ripe them off, push up their costs and no one will do anything about it.
Would you invest in a country where the rail network is a joke, the roads over crowded, the electricity grid in need of re-building, the energy and water regulators apparently incapable of standing up to the very firms they are supposed to regulate?
Or how about a country with too few workers, 7 million waiting for NHS treatment, under paid doctors and nurses, and an education and training system that cannot provide the right skills for the economy?
OK, how about one that introduces huge trade barriers to its largest market, with a government that disregards the law and where you have no idea of what the rules and regulations will be next year?
But I am sure they are right, it is worries about the status of Thames Water that is holding the UK back.
We must be kinder to Thames, for the greater good.
Economics, trade and Brexit, not necessarily in that order but the dog always comes first.
By Jonty Bloom Media