Tag #Water Privatization

Showing 1 to 10 of 10 results

theguardian.com
🌐 75% Global Worthiness
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£100bn Water Nationalization Claim Refuted

Environment Secretary Steve Reed inaccurately claims public water ownership costs £100bn, a figure disputed by The People's Commission on the Water Sector as based on inflated regulatory capital values and legally irrelevant; they propose a fair value assessment considering underinvestment and share...

Progress

52% Bias Score

Clean Water and Sanitation
theguardian.com
🌐 85% Global Worthiness
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MPs Urge Regulatory Control Over Water Company Bonuses, Propose Non-Profit Model

A UK parliamentary report recommends that regulators pre-approve water company bonuses and dividends, and that the government explore a non-profit model for water companies in England, similar to Wales, to improve financial management and environmental protection, citing examples of irresponsible sp...

Progress

56% Bias Score

Clean Water and Sanitation
theguardian.com
🌐 85% Global Worthiness
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Thames Water's Financial Crisis Forces UK Government into Difficult Decision

Facing potential collapse, Britain's largest water company, Thames Water, is in a desperate race to find a private buyer, with the US private equity firm KKR in pole position; however, should that fail, the government may have to spend up to £4 billion to temporarily nationalise it, stretching Defra...

Progress

44% Bias Score

Clean Water and Sanitation
theguardian.com
🌐 85% Global Worthiness
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KKR's Bid for Thames Water Raises Customer Concerns

KKR, a US private equity firm, is the frontrunner to acquire Thames Water, the UK's largest water company, for £4bn, raising concerns about transparency and customer interests amid a £16bn debt burden.

Progress

40% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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People's Commission Challenges Government Inquiry into Water Crisis

A "people's commission" will investigate England and Wales' water industry's sewage pollution and financial issues, starting March 27th, challenging a government inquiry deemed too narrow in scope. Water bills will rise £123 this year.

Progress

52% Bias Score

Clean Water and Sanitation
bbc.com
🌐 85% Global Worthiness
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Cunliffe Report: Smart Meters and Social Tariff Proposed to Tackle UK Water Crisis

Sir Jon Cunliffe's report on the UK water industry proposes smart meters and a national social tariff to address underinvestment, rising bills, and a projected 5 billion liter daily water shortfall by 2055, potentially impacting 88% of households without smart meters.

Progress

40% Bias Score

Clean Water and Sanitation
theguardian.com
🌐 85% Global Worthiness
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Report: Minimal-Cost Water Nationalization Possible in UK

A new report suggests the UK government could nationalize water companies at minimal cost using special administration, challenging the £99bn estimate and citing legal precedents where investors lost money during similar processes.

Progress

60% Bias Score

Clean Water and Sanitation
news.sky.com
🌐 85% Global Worthiness
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UK Water Industry Faces Crisis Amidst Regulatory Failures and Public Distrust

A National Audit Office report reveals a record low in public trust for the UK's privatized water industry, alongside projected double-digit bill increases and systemic regulatory failures that have left the industry's infrastructure aging and underfunded.

Progress

48% Bias Score

Clean Water and Sanitation
theguardian.com
🌐 85% Global Worthiness
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Sewage Pollution Cripples England's Windermere Lake

In 2024, Windermere, England's largest lake, received 6,327 hours of raw sewage discharges from six United Utilities treatment plants, causing algal blooms, harming wildlife, and prompting the Environment Secretary to promise a cleanup.

Progress

52% Bias Score

Clean Water and Sanitation
theguardian.com
🌐 90% Global Worthiness
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Privatized Firefighting Exposes Wealth Disparity in LA Wildfires

Amidst California wildfires, wealthy Los Angeles residents hire private firefighting services, leaving less-affluent areas vulnerable, exposing historical parallels to pre-20th century private fire brigades, and highlighting future inequities in access to essential services.

Progress

60% Bias Score

Clean Water and Sanitation

Showing 1 to 10 of 10 results