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NotThamesWater
It's really not that simple. The "take away charitable status" thing is a proper pub-policy that's fine when you're using a magic wand.
It will take time and real skill to draft suitable legislation that is solid and doesn't have negative unintended consequences on charities.
It would be mental to spend time on it when the country is so utterly fucked. The end of the next term? Sure. Maybe.