Yet another discussion about the water scandal that involves only water 'industry' executives and politicians who oversaw their failure Where are the voices who say 'public ownership now!' #R4Today
Yet another discussion about the water scandal that involves only water 'industry' executives and politicians who oversaw their failure Where are the voices who say 'public ownership now!' #R4Today
Will you be at Tolpuddle tomorrow Molly?
Not this year
Investment figures are correct though. Governments don’t consistently invest in utilities. The electricity grid is even worse. British Rail was too. #InconvenientTruth #r4today
I am afraid that is rather fantasy Green politics. Water, like many other parts of the UK's infrastructure needs massive investment. The Government has already committed £113bn to invest in the future of lower cost energy, East West rail, new schools and hospitals. That borrowing is already at the .
limit of what the financial markets will support without driving up Government borrowing costs significantly. 'Nationalise' sounds fine until you have to find the money 🤔
So either the state find the money from state income (taxes) or the citizens find the income through bills. No difference for people, they pay. The difference is they don't have to pay for profit when it is nationalised. Profit is the investment. Wake up everyone.
Sam the reason we were given to privatise in the 70-80's was to allow for the investment that is still missing. I am sure at the time the Tories saw it as a great way to solve the investment issue. BUT it wasn't was it. It was merely scammed to make lots of dividends. UK privatisation is corruption.
Actually the guy from Wessex water was interesting giving a complex picture of government and regulator failure. Both true and was cut short. The venal culpability of these water companies is always under stated
They should be made to swallow a turd…in a live broadcast.
'Where are the voices who say 'public ownership now!' In every home, on every street corner, in every pub on every social media post. Just not in the government, opposition, regulator, think tanks or banks. UK not fit for purpose as a nation. It is a cesspit of profiteering that is all.
They can't renationalise. No legacy government will. If one industry is renationalised then others will fall- from the NHS to the post office. They have put so much effort to sell us the sale of our assets to people who will make exponential personal profits and leaving us with substandard services!
They can renationalise, and make the industries work properly at lower costs. The only factor preventing this is the venality of businessmen, politicians and shareholders.