ChrisMayLA6,
@ChrisMayLA6@zirk.us avatar

On privatisation, three decades ago, the water companies were passed to private investors debt free. Since then:

£78bn has been paid out in dividends

£64bn in debt has been taken o across the sector, and

£190bn has been spent on water infrastructure.... which given the current sewage & related crisis has been clearly inadequate!

Water firms across England want increases in bill of up to 70% in the next five years.

Like the railways, (re)nationalisation looks like the rational answer

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