UK water threatened with nationalisation
Len Shackleton quoted in Straits Times
Straits Times quoted:
“Would nationalisation — itself a long-drawn-out and costly process — produce any improvement over better regulation of the private sector?
“Sure, costs would be reduced were no dividends paid. But, government borrowing still has a cost… Yes, water is a mess. But, don’t suppose nationalisation is a panacea.”
You can read the full piece here.