Thames water

This is the oldest and laziest theme in public services policy. Nobody has ever answered this question: what was the alternative to privatisation given that by 1970 our water infrastructure was disastrous?
Since then £160 billion has been invested, 65% of beaches are rated excellent by EU standards up from 25%, leaks are down by 35%, water quality has improved greatly, dead rivers have been revived.
How would you have found £160 billion?
Ideally, it should be state owned but, when it was, it was neglected for 100 years.
Those beaches were improved because of EU law, sadly now many are full of sewage again.

Privatisation has not led to improvements in any sector just money going out of the public purse into sharehlder banks while we still subsidise the fucking things anyway
 
This is the oldest and laziest theme in public services policy. Nobody has ever answered this question: what was the alternative to privatisation given that by 1970 our water infrastructure was disastrous?
Since then £160 billion has been invested, 65% of beaches are rated excellent by EU standards up from 25%, leaks are down by 35%, water quality has improved greatly, dead rivers have been revived.
How would you have found £160 billion?
Ideally, it should be state owned but, when it was, it was neglected for 100 years.
Dead rivers revived? The river wye is dead on its ass and our beaches are on the decline due to lazy profit taking. Although the Wye is partly due to mass chicken production and waste products leaking into the system . We’ve had a leak near us for over six years and every winter it’s like a skid pan and although it has been reported and the local press involved nothing has been done . All these water companies are owned by pension funds and the focus on protecting their shareholders not their customers
 
Those beaches were improved because of EU law, sadly now many are full of sewage again.

Privatisation has not led to improvements in any sector just money going out of the public purse into sharehlder banks while we still subsidise the fucking things anyway
I’m not sure I completely agree with that. Some industries are better for the consumer in private hands. Ones where innovation and genuine competition are key. Telecommunications spring to mind.

I do think, however, that utilities, the prison service and the railway network should all be wholly state owned.
 
Dead rivers revived? The river wye is dead on its ass and our beaches are on the decline due to lazy profit taking. Although the Wye is partly due to mass chicken production and waste products leaking into the system . We’ve had a leak near us for over six years and every winter it’s like a skid pan and although it has been reported and the local press involved nothing has been done . All these water companies are owned by pension funds and the focus on protecting their shareholders not their customers
70% are foreign owned. Mainly banks and equity funds. USA, UAE, Australia.
It is easy to point at particular failings, partly because there are far too many of them, but the fact remains that our standards have risen substantially. The EU ordered a fair amount of work, because there was an EU standard that we failed. We would fare better now but it’s all Brexit’s fault, I hear.
Flooding in the last 3 years or so has highlighted sewage problems and recent decline in beach standards.
 
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I’m not sure I completely agree with that. Some industries are better for the consumer in private hands. Ones where innovation and genuine competition are key. Telecommunications spring to mind.

I do think, however, that utilities, the prison service and the railway network should all be wholly state owned.
The telecommunications industry is not true competition really as openreach have to maintain the network while other companies make profits in the urban area neglecting many rural areas that still haven’t got fibre to the cabinet
 
The telecommunications industry is not true competition really as openreach have to maintain the network while other companies make profits in the urban area neglecting many rural areas that still haven’t got fibre to the cabinet
Yeah, I’m not saying it’s perfect, far from it, but I still don’t think there would be an overall benefit to it being in state hands.
 
If privatisation is such a panacea why have the Armed Forces not been privatised?
I didn’t say privatisation was a panacea. In fact I don’t believe that, but the fact remains that those calling for nationalisation never say where the money will come from. Govs of all hues have neglected publicly owned services since the year dot because they know that the increase in taxation that would be needed will lose them votes.
My own solution to this conundrum involves changing the role of the HoLords, but that is another story.
Worth noting that when surveyed the public favour a level of public services that would require a 60% tax burden, but baulk at the price.
PS Army partly privatised in Russia!
 

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