Sat, May 18, 2024
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Displaying items by tag: shareholders

Environment Secretary Michael Gove launched a wide-ranging attack on the water companies yesterday warning them they would need to raise their game on financing structures and operational performance, particularly leakage and pollution, or "face the consequences".

Labour Party Leader Jeremy Corbyn and Shadow Chancellor John McDonnell have launched another attack on the UK water sector this weekend, restating the Labour Party’s pledge to bring energy, rail, water, and mail services back into public ownership.

Published in Water Issues

A report in the Financial Times newspaper has suggested that consumers are now paying £2.3 billion per annum than would have been the case if the water companies had remained in public ownership.

Published in Finance and Risk

The Labour Party would take water companies back into public ownership if it wins the General Election, according to BBC news.

CentreForum is calling for the imposition of a levy on highly geared water companies as a measure to get a better deal for consumers.

 

Published in Finance and Risk
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