From the British Blue Community ‘We Own It’:
Water privatisation *cannot be fixed* by regulation.
“Privatisation and regulation have failed since 1989. The government’s promise of ‘stability for investors’ comes directly at the expense of households. Every penny of investment into the system has come from our bills.”
The Financial Times: Water companies press for faster abolition of regulator. Slow pace of reforms means Ofwat is likely to be influencing household bills and infrastructure for another decade.
