Member

New clause 26 would migrate water companies away from the failed privatised model and towards mutual ownership status. This would prevent the water industry from being used as a cash cow for speculators, where bill payers pay the price through higher bills and sewage-infested rivers and lakes, and instead create a form of ownership where a “low risk, with modest but reliable reward” model would ensure that we attract responsible investors and prevent money leaking out of the system in the form of unearned dividends and immoral financing of colossal debt.