How does ofwat stop them investing into infrastructure?
They must make a certain amount of profit as percentage of outgoing?
I can't imagine they are all so strapped for cash they can't invest when forced to.
They invest but the investment needed after decades of underinvestment is huge, they aren't funded to deliver anything close to what's needed
The counter argument is that have been funded historically but have spent it badly, that doesn't fix funding gap now though
@greentricky started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
How does ofwat stop them investing into infrastructure?
They must make a certain amount of profit as percentage of outgoing?
I can't imagine they are all so strapped for cash they can't invest when forced to.