Tag: SEVERN TRENT TRIMPLEY
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Severn Trent Water’s £1.68bn Balance Sheet Inflation: A Cause for Concern
Severn Trent Water is accused of inflating its balance sheet by £1.68 billion through questionable accounting methods. This strategy involves a shell company that creates a fictitious asset, misleading stakeholders about the company’s financial health while facilitating higher dividends. Critics express concerns about transparency and the potential manipulative nature of these practices, raising questions about…