Water companies record profits
WATER companies are expected to unveil 2 billion pounds annual profits compared with 1.7 billion last year. Meanwhile we face higher bills and the first drought order for a decade has been introduced in Surrey, with more to follow.
Three companies - Southern, Mid Kent and Sutton and East Surrey - have applied for drought orders.
Profits would be lower if more money was being spent on reducing the 800m gallons of water lost each day through leaks.
Barrie Clarke, Water UK's spokesman arrogantly dismissed criticisms. "Whether you like it or not, in England and Wales we have a private sector water industry. The question people need to ask themselves is would they like to have successful companies running services of such public importance or less successful ones, and successful companies are those that provide the service they are expected to provide and make good profits.'
If you can't water your garden it's because there is a fat cat sitting on the hosepipe!
Three companies - Southern, Mid Kent and Sutton and East Surrey - have applied for drought orders.
Profits would be lower if more money was being spent on reducing the 800m gallons of water lost each day through leaks.
Barrie Clarke, Water UK's spokesman arrogantly dismissed criticisms. "Whether you like it or not, in England and Wales we have a private sector water industry. The question people need to ask themselves is would they like to have successful companies running services of such public importance or less successful ones, and successful companies are those that provide the service they are expected to provide and make good profits.'
If you can't water your garden it's because there is a fat cat sitting on the hosepipe!
posted by Derek McMillan at
8:15 PM
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