Environment secretary Michael Gove has warned that water companies must start to behave “in a responsible fashion” or face regulation on the use of offshore tax havens. Speaking to the Sunday Times newspaper, Gove said it was not appropriate for the water companies to avoid paying business taxes at the same time as using offshore […]
Labour has launched a major initiative to work with people and businesses in our seaside towns on a plan to revive jobs, industry and local economies. Jeremy Corbyn joined Shadow Minister for Coastal Communities Holly Lynch at the first of a series of visits across Britain’s coastal communities. They met civic and business leaders to […]
Nationalisation of the water industry was back on the agenda at the 2017 CBI conference. Jeremy Corbyn denied the suggestion that Labour’s policy was a ‘throwback’ to the 1970s, saying “it’s not good for the image of business when water companies pay out billions in dividend and interest payments through opaque financial arrangements, while households […]
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 […]
Corbyn’s green vision wins: leaked manifesto promises huge environmental gains The Ecologist Blog A huge raft of environmental reforms is promised in the Labour Party’s draft manifesto, writes Oliver Tickell. Among the highlights: a ban on fracking; a clean energy policy based on renewables and efficiency; no commitment to new nuclear power; to meet our […]
Speaking at the Labour Party Conference, Barry Gardiner MP, Shadow Energy Minister said: “Before he was sacked, George Osborne managed to pass what he proudly referred to as “the most generous tax regime for shale gas anywhere in the world”. Well that will change under Labour.” The MP told the conference that there are technical […]