Emeritus Prof Christopher May on Nostr: So OFWAT is going to allow even bigger price rises so as to allow water companies to ...
So OFWAT is going to allow even bigger price rises so as to allow water companies to make major infrastructure investments.
Now you might think that customers had already been paying for future investments, that the firms were building up reserves or doing incremental works, but of course as well all know actually that money was drained off (pun intended) to pay dividends & bonuses.
If you want a good example of regulatory nature for a university assignment, this looks like it!
#water
h/t FT
Now you might think that customers had already been paying for future investments, that the firms were building up reserves or doing incremental works, but of course as well all know actually that money was drained off (pun intended) to pay dividends & bonuses.
If you want a good example of regulatory nature for a university assignment, this looks like it!
#water
h/t FT