New legislation to improve performance of companies in the public interest
Background
Pass a bill to make water, energy and transport companies invest a set amount in infrastructure before paying out shareholders. Introduce a new performance index that they must surpass before profits can be taken out of the companies, or consumer prices can be raised.
Additional details
Water - nearly half a million sewage spills last year, and water bills have increased Energy - Record profits during the energy crisis, government intervention to help pay energy bills, with the tax payer footing the bill while shareholders get big bonuses. Transport - Awful infrastructure and soaring costs to the public whilst shareholders can take profits out of the companies instead of making the service more reliable.
Where it’s popular
Constituencies with the most signatures on this petition.
Source: UK Government & Parliament Petitions service. Petition ID: 726092.