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DIVIDENDS: Time to take some action

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Well said Ronnie Campbell MP regarding your recent column, especially with regard to Northumbrian Water, (News Post Leader, February 22).

It is owned by Hong Kong based Li Ka Shing who has made huge profits in the last two years.

How is it possible to pay more in dividends than it made in profit?

Is it not time the government stopped this cashing in on the British public year after year by foreign owned companies and franchises?

John Newman

Ashington