It’s a fucking scam. The water companies had no debt when they were privatised, now have something like £53 billion worth, and have paid out dividends totalling £72 billion since privatisation.
25% of water is lost to leaks, no new reservoirs have been built since privatisation, sewage dumping is standard practice and aquifers are over extracted causing many streams and rivers to dry up.
It’s a fucking scam. The water companies had no debt when they were privatised, now have something like £53 billion worth, and have paid out dividends totalling £72 billion since privatisation.
25% of water is lost to leaks, no new reservoirs have been built since privatisation, sewage dumping is standard practice and aquifers are over extracted causing many streams and rivers to dry up.