The water companies are running scared. Here's the CEO of Severn Trent scrabbling to hang on to her job.

"One idea we believe might be attractive to the Labour leadership is repurposing utilities and utility networks into a new breed of declared social purpose companies – companies that remain privately owned, who absolutely can (and should) make a profit, but ones that also have a special duty to take a long-term view.”
Liv Garfield, CEO #SevernTrent

#Water #UKPolitics
https://www.theguardian.com/business/2023/jun/30/severn-trent-chief-social-purpose-water-firms-utilities-crisis-liv-garfield-thames-water-labour-renationalisation

Are #SevernTrent on Mastodon? Is it possible to DM severn trent water?

#SevernTrent dividend exceeds £260m amid rising anger over #sewage pollution

It’s an absurdity. A completely broken system that rewards abject failure and neglect. #Renationalise the lot.

https://www.theguardian.com/business/2023/may/24/severn-trent-dividend-exceeds-260m-amid-rising-anger-over-sewage-pollution