Hi ,
The UK is facing another "Great Stink" moment according to the author of yesterday's report on the water industry, Sir John Cunliffe. The Great Stink of 1858 prompted the government to invest £4.2m (around £433m in today’s money) in rebuilding London's sewer systems and building embankments around the Thames. Historian John Doxat concluded the official who ran this project, by massively reducing waterborne diseases, saved more lives than any other Victorian official.
Cunliffe has suggested we solve our own Great Stink by replacing the water regulator (that struggled to have any influence over a failed system) with a new regulator (that will struggle to have any influence over a failed system). Look, don't compare your review to a radical historic intervention if you don't want me to point out how lacking your response is.
The proposed structure would relax some regulations around water pollution, allowing companies to dodge fines for sewage dumping if the new regulator decides that imposing the fines would cause issues. This will make it much easier for private companies to threaten and blackmail the regulator in future! The government immediately accepted five elements of the review, which include ending self-monitoring by water companies. This is both a good thing – obviously you can't trust private water companies to mark their own work, and an enormous failure – the public are paying to expose the failings of private water companies, but the profits stay in shareholder hands. Wow, it sure sounds like this is some kind of structural problem with a privatised water system. |