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  • The entire privatisation of the water industry is a scandal.

    Entire reason for privatisation was for private sector to fund badly needed infrastructure investment.
    They have spent the money that we have been paying them over 30 (?) years not on investment, but dividends and bonuses.
    They loaded the companies with debt, which makes them more difficult to re-nationalise.
    Now we're paying them additional money to pay for the infrastructure upgrades.

  • Entire reason for privatisation was for private sector to fund badly needed infrastructure investment.

    If you believe that, you'll believe anything. It was always intended to be a racket.

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