Thread: The Chronicles of Rishi
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Old 19-04-2024, 09:11   #1857
1andrew1
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Re: The Chronicles of Rishi
Quote:
Originally Posted by jfman View Post
And as well as covering the maxxed out credit card their taxes need to pony up £15bn for another failed privatisation (Thames Water).
It's the owners who decide how much or how little debt they load the company up with. If they gamble and get it wrong, then they should face the consequences.

If the owners gamble on loading the parent company up with debt, and interests rates rise then they take a hit and possibly lose ownership of their assets. Conversely, if interest rates fall then they take a gain.
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