This is unbelievable
https://democracyforsale.substack.com/p/revealed-government-gave-450m-south-west-water-subsidy-water-pollution
https://democracyforsale.substack.com/p/revealed-government-gave-450m-south-west-water-subsidy-water-pollution
Comments
Always read more than the headlines, people!
The new Labour Government should either claw back that 450 million in full or give the other water companies a pro-rata grant.
Finallygovt recognised this and agreed to subsidise bills by £50 a year.
Separately Ofwat determined the price ...
Our subsidy was right!
What was wrong was how Ofwat set the price and their lack of control over dividends etc.
Dividends weren't paid by SWW but by their owner Pennon. A crafty way to avoid scrutiny by Ofwat.
Not belittling it - I just never get to use the word ‘shenanigans’.
I am disgusted, but not surprised.
Whose fault is this?
The Conservative Party who set up the whole privatisation system.
This is an English issue.
Though it impacts on us all.
Devolved Governments have managed water very much better.