The water companies are back in the news again. A while ago, I discussed this matter on Twitter where nationalisation was discussed. My view is that we should let the companies go bust, and then take them over, rather than pay shareholders for taking them over.
Changes are to be made, not appreciated by all. What I do not like about the record of Labour with water companies is how they started to saddle themselves with debt while paying out dividends before 2010. Fingers crossed, there will be less sewage in our oceans and rivers in the near future.
