• SNEWSLEYPIES
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    1 year ago

    On the contrary, I’m putting the goalposts back where they were before you misunderstood them.

    From the article:

    Hall concludes the companies have borrowed to pay dividends, rather than to invest in infrastructure projects. The £123bn of capital expenditure spent by the companies has all been financed by customer bills, the analysis states.

    • julietOscarEcho@sh.itjust.works
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      1 year ago

      Read the thread you’re commenting on mate.

      Under no circumstances should a company be borrowing and paying dividends at the same time

      I have no objection to particular instances of imprudent dividend paying being criticised. I specifically rejected this absolute statement.