Ofwat should only allow this on the provision that executives bonuses are removed, shareholders don’t receive any dividends for the next decade and the current heads of the water companies have to be dragged through a river every week.
If they leave the country, we can assign a man with a portable bucket of sewage.
We will have no issues finding such a man: Most of Thames Water's customers would pay for the privilege.
problem is then that shareholders will pull their money and invest elsewhere leaving the taxpayer to pick up the pieces. clever privatisations always leave the public purse to bail out any losses 😒
the solution: don’t privatise in the first place. it’s like selling all your shit at a pawn shop