Responding to the Centre for Policy Studies report on the cost of nationalisation, Water UK Chief Executive Michael Roberts said:
“The report paints a very stark picture of what it could take to nationalise water companies in England, and the massive risks which that could pose to the economy and taxpayers.
“It points to a world where future water investment struggles to compete with health, housing or education for taxpayers’ money. Private water companies over recent decades have invested £150 billion in better services and a cleaner environment, after years of being starved of cash under public ownership. It’s difficult to imagine anyone wanting to return to those days.”
Water UK Communications
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