How knowledgable were you about the assets and infrastructure that all of the water companies then inherited, before they were sold off? and how knowledgable are you about them all now? including things like all the pipes and so on that are buried in the ground, and not just the big works...
Even after a change of ownership and have no connection to those who were responsible for that historic action that led to the fine? and the new owners, etc in place now are taking the issue very seriously, are trying to resolve it (but are realistic about the challenge they face in achieving...
The current owners of some of these companies - including Southern and Thames - have been going without dividends for some time now.
Those owners, in the case of Thames, include tens of thousands of university lecturers whose pension scheme, USS, owns nearly a fifth of the company.
How many of...
As the 1st article i posted stated
https://news.sky.com/story/why-addressing-sewage-spills-was-not-a-priority-for-the-water-industry-or-for-ofwat-12883677
There was only a finite amount of funding available to be spent, and OFWAT priorised other areas of the water industry that were just as in...
No, public run services would never try to manipulate the system and hide dodgy practices, misleasing the public because it is all perfect and it is something that can only happen in the private sector.... oh wait
South east Coast Ambulane 999 scandal...
I'm sorry or have you forgotten that the issue of dumping raw sewage predates privatisation, that many rivers in this country were devoid of life since the inductrial revolution but have seen wildlife return, thanks to the efforts of water companies since privatisation...
Is it?
It was sold off because the Government of the day simply realised it could not afford the level of investment needed, and selling it off was the only way to secure that investment
So if it is to be nationalised now, where does that extra money to pay for the required investments come...
https://news.sky.com/story/why-addressing-sewage-spills-was-not-a-priority-for-the-water-industry-or-for-ofwat-12883677
A very good article and well worth the read, it covers a lot of the issues around the industry, the challenges faced, OFWAT, why it was sold off, and why taking it into public...