The ‘nationally significant’ water shortfall shows privatisation has failed, GMB Union has said.
An investigation by the union shows water companies have sold off at least 35 reservoirs since 2017 - while building just two in the same period. [2]
Andy Prendergast, GMB National Secretary, said:
“For too long the water industry has kicked the can down the road. Shareholders and directors have made vast fortunes while crucial infrastructure goes to pot.
“Reservoirs are flogged off for a profit while hardly any new ones are built - it’s a disgrace and no surprise we’re in this mess.
“Water privatisation has been a failed 35-year experiment.
It's time the Government admitted that this should be brought back into the public sector and this national asset brought back under public control.
