Zeb wrote:We are amidst perhaps the wettest drought in history...the water companies are leaking like sieves - 3.3billion litres, so the regulator is going to let them continue like this for another three years.....riiiight...
Unfortunately whichever regulator it is does not seem to have a backbone and lets the industry that they are regulating walk all over them.
In one of the Sunday papers is a feature whereby people right in about financial matters. The guy who answers it often comments that he has warned about a particuar company for a couple of years and the FSA are still deciding whether to stop the company.
Then you have the company that fails and the old directors buy the remaons of the old company, without its debt and carry on trading.
Then you get HMRC who let companies off millions of pounds of tax......
But, if it was Joe Public then they will come down like a ton of bricks.
As a PS, that man Dr Beeching had two sides to him - he cut thousands of miles of railways making it harder for people to get about but he enabled a large number of steam preservation societies to be set up.