Category: Privatisation

Remainder of year’s water bills will pay dividends and service debts, say campaigners

We Own It says 31% of water bills went on shareholder payouts and company debts in last financial year, while the same percentage of 2024 remainsTuesday is the day water bills will start servicing debt and paying shareholders...

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Fujitsu won £1.4bn in new government contracts after court ruling on Post Office software bugs

MPs find Treasury-affiliated bodies have engaged Horizon firm since damning 2019 high court judgmentThe Japanese technology company Fujitsu, whose flawed technology for the Post Office led to the wrongful prosecution of hundreds...

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Severn Trent chief proposes ‘social purpose’ water firms amid utilities crisis

Liv Garfield seeks backing from Labour for reforms as government considers temporary renationalisation of Thames WaterThe chief executive of the water company Severn Trent is seeking backing from industry and the Labour party...

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Thames Water customers call for financial inquiry amid river safety concerns

Campaigners condemn pollution and shortages as government and regulator discuss possible bailoutThames Water customers have called for an urgent inquiry into the company’s finances after children became seriously unwell...

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Revealed: warning to ministers over privatised water kept secret since 2002

Author calls for disclosure of his report that ‘shows why private equity dominance in England has proved so disastrous’Ministers were warned about the dangers of private equity taking over the water industry in a...

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