chem1st Posted January 21, 2012 Share Posted January 21, 2012 The decision to invest in Thames Water follows Mr Osborne’s return earlier this week from a visit to China. During the trip, he outlined plans to make London the international centre for trading in the Chinese currency, the Renminbi, which could be worth billions to the City and the wider economy. Thames Water, once publicly-owned, has gone through several foreign hands since privatisation in 1989. It was owned by RWE of Germany for many years before being sold to a consortium called Kemble Water, headed by the Australian bank Macquarie. In December, another huge sovereign wealth fund, the Abu Dhabi Investment Authority, bought 9.9per cent of Kemble. It is an attractive investment because profits are effectively guaranteed by a regime that allows price rises every year. Read more: http://www.dailymail.co.uk/news/article-2089538/China-buys-10-cent-stake-Britains-biggest-water-company.html#ixzz1k4bntaR8 Remember when shopping in London, your contributing to the local businesses surface water drainage costs, which is for all intents and purposes, a RAIN TAX. Your effectively paying the Chinese for rain. It'll not belong before we have to wear masks that allow you to breathe a reduced amount of oxygen, unless you pay xyz rent to breathe the private air. Link to comment Share on other sites More sharing options...
hard2miss Posted January 21, 2012 Share Posted January 21, 2012 Doesn't that mean your paying for the management of rain and not actually for the rain itself ? Link to comment Share on other sites More sharing options...
Lucifer Posted January 21, 2012 Share Posted January 21, 2012 Read more: http://www.dailymail.co.uk/news/article-2089538/China-buys-10-cent-stake-Britains-biggest-water-company.html#ixzz1k4bntaR8 Remember when shopping in London, your contributing to the local businesses surface water drainage costs, which is for all intents and purposes, a RAIN TAX. Your effectively paying the Chinese for rain. It'll not belong before we have to wear masks that allow you to breathe a reduced amount of oxygen, unless you pay xyz rent to breathe the private air. Are you for real, Sheffield is not on the move, it's been in the past since forever, you are obviously a socialist who has no belief in the Political party that is costing us all millions of pounds for ever to pay for the student games. Mr. Price, a suitable name with no end result, is wanting, I think to stop building of homes for people in Wincobank because we don,t know about people who lived there hundreds of years ago but as a socialist, his Legacy will live longer in the minds of Sheffielders than the Romans. Link to comment Share on other sites More sharing options...
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