go down the plughole

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go down the plughole

To fail or be squandered. Primarily heard in UK, Australia. My father's company is now going down the plughole because of the incompetent new CEO. All of our savings have gone down the plughole ever since Jack had his little gambling spree in Las Vegas.
See also: down, go

go down the plughole

be unsuccessful, lost, or wasted. informal
See also: down, go
References in periodicals archive ?
In collaboration with Lancaster University Eco Hub, Plughole Planters was part of a comprehensive report on the environmental impact of acrylic baths, which found approximately 2.4 million are discarded each year.
The last three plays at the pub have been sell outs and so an extra performance of The Plughole has been laid on.
Luke Sinnott-Davies eyes the bath suspiciously after his ordeal when he got his finger stuck down the plughole
Pet hamster Izzy goes missing then turns up in neighbour's plughole
Twenty-nine per cent of Britons let hair go down their sink without attempting to stop it, while almost a quarter of us (23 per cent) pour cooking fat or oil down the plughole.
He is magically transported down the plughole into the world of Pathylon where he encounters many challenging tasks and unusual creatures.
Any items that are too large to drain away with the rest of the fluids poured into the sink, bath or basin but small enough to get through the grid of the plughole will lay at the bottom of the trap.
The Apprentice (BBC1, 9pm) The candidates had great fun last week when they got appear in their own television commercial, but Alex got more than he bargained for because his 'Germinator' idea went down the plughole and failed to impress Sir Alan, needless to say he was fired.
Faeces, toilet paper and sanitary towels came spilling out of the downstairs shower plughole.
What's the betting now that Dasani disappears as quickly down the plughole as it came out of the taps.
Nigel Clough's words of warning fell on deaf ears as Burton Albion's proud 18-match unbeaten league and cup run went down the plughole at Bath City.
A toe in the water can get trapped in the plughole when a quote is as high as 46-50 but the gamble is worth taking.
Make sure the pot has a working plughole or other drainage - or it will quickly get waterlogged.
It's a terrific end to an iconic series, with a soundtrack that sounds like violins going down the plughole.
But it got the shower plughole clear in no time and had the water running smoothly for the first time in days.