Water Privatisation has Failed the UK.
Thatcher's privatisation disaster, no long term strategy of any kind to upgrade the water infrastructure, and no water reservoirs built in the last 30 years either, this is the price the country is paying for Thatcher's dash for cash which went ahead at full throttle.
Billions of pounds have been paid out in dividends to shareholders over the years though, she wanted the minority to benefit and the majority to pay the price, and boy oh boy have we ****ing paid.
Most of that money should have been spent on reservoirs and water pipe upgrades but the greed of the few takes precedence over small matters like that.
How to fix this mess.
Re-nationalise the water companies with no compensation given, they have had more in dividends paid out than they have put in, the teat is running dry and it's time for those who have milked it to this level to pay for it.
£3bn bonanza for fat cats: How investors (including the Chinese) took out cash that firms could have used to fix Britain's creaking water network
https://www.dailymail.co.uk/news/art...s-network.html