Administered by:
You will obviously see record investments Iin improving infrastructure if theres been a long term pattern of under investment.
BBC NewsWater bills to rise above inflation in AprilWater companies in England and Wales expect an increase of 6%, with an 8.8% rise in Scotland.
This article is 3 years old but highlights scale of dividends paid out by water companies.
They take on debt to pay dividends, then use customer bills to improve infrastructure.
The Guardian · England's privatised water firms paid £57bn in dividends since 1991
@Floppy@mastodon.me.uk@ldodds maybe, *just maybe*, selling off life-critical infrastructure to a series of geographical monopolies wasn’t a *great* idea. I mean, call me a communist, but I think it might have been a dodgy plan.
@Floppy I will never not be cross about this
@ldodds it was even more stupid than railways and the National Grid (though to be fair to NG, they do seem to be actually half-decent at running it)