This £100 billion figure is from a report funded by the Privatised Water Industry to lobby against Nationalisation.
Why is a Labour MP regurgitating industry lies?
This £100 billion figure is from a report funded by the Privatised Water Industry to lobby against Nationalisation.
Why is a Labour MP regurgitating industry lies?
Nationalising water is free - you just go ‘no it’s mine now’.
The British empire used to be the world champions of stealing other people’s land and now you’re telling me we have to spend 100 billion buying back our own fucking water supply? From some dick heads who’ve done nothing but dump shit into it constantly while fleecing everyone? It’s an absolutely appropriate response to willful abuse of our national infrastructure. No wonder this parasite industry spends YOUR money to bribe spineless or idiotic politicians like Reed to protect their racket while the British public gets fucked.
If we just seized these assets back, they would be getting off LIGHTLY for what they have done. It barely goes far enough, they ought to be locked up for this behavior.
All well and good, but then we’d have a truss-like markets meltdown that drives up the cost of all borrowing and destroys investment.
There’s a reason the government mass seizing industry is only done by banana republics.
We’re better off letting them go bankrupt and letting the government step in as operator of last resort, as the law already lays out.