Saturday, 20 July 2013

Time to Renationalise Water in England & Wales

Since privatisation in 1989 there has been relentless profiteering by utilities companies. A new report by Centre Forum catalogues the chronic failure of regulation and the drive by debt ridden companies to maximise short term profits at the expense of infrastructure investment. In Northern Ireland and Scotland water remains in public ownership. There is no shortage of evidence that water privatisation has failed in England and Wales. It's time to bring it back into public ownership as a common good:
http://centreforum.org/assets/pubs/money-down-the-drain.pdf