Reposted by Seattle Dojos
England water industry was privatized for £7.6bn in 1989. Since then
They have extracted £88.4bn in dividends
Dumped tons of sewage in rivers
Lost 1 trillion litres of water a year to leaks
Built no new reservoirs
They are teetering on the edge of bankruptcy but claim to be worth £144bn.
Rogues.
leftfootforward.org
The case for nationalisation of water companies
England’s privatised water companies are leaders of predatory practices. In 1989, the industry was privatised for £7.6bn and had no debts. It joined Chile and a few US states&...