A few weeks ago there was an exchange of letters between Michael Gove and the chairman of Ofwat. In his short letter Michael Gove highlighted a number of points he found unacceptable in the privatised water industry. A new report from the Social Market Foundation think-tank assessing the likely costs associated with nationalising the water and sewerage […]
A report in the Financial Times newspaper has suggested that consumers are now paying £2.3 billion per annum than would have been the case if the water companies had remained in public ownership. The article cites research undertaken by the University of Greenwich which it says has calculated the cost of privatisation to each household […]
Less Macquarie and more like Welsh Water? The Conservative manifesto has just been published. The Labour Party Manifesto has been published and sets out plans to renationalise the water companies. The Labour Party announced plans to re-nationalise the UK water industry if elected to power after the general election on 8 June. Its manifesto, published 16 […]
NAO “Since privatisation, Ofwat and Defra have overseen major improvements in water quality and service quality. Ofwat’s 2014 price review committed companies to improving services further over the next five years while cutting customer bills, increasing value for money for consumers. Customers, however, have not seen enough of the benefits of companies’ unexpected financial gains […]