Emeritus Prof Christopher MayThe privatisation of #water firms has had a clear result:
1. to fund profits to #shareholders, investment was constrained;
2. low investment has led to the #watercrisis, #pollution & water losses through leaks;
3, (Finally) under-funding is to be rectified & funded via loans;
4. the ongoing costs of loans will be repaid by customers through higher bills.
The only thing the #investors have done is stolen our money, offering no actual benefits;
the #Tories' #kleptocapitalism in a nutshell!
paul