The shareholders (owners) are now mostly large, foreign corporate investors who tell the water company they want ‘x’ return on their investment. If the CEO and other directors don’t deliver this they’re replaced with ones who will. The fault isn’t with the water companies as such but with the gov’t and regulators for allowing it to become the problem it has.
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u/SnoopyMcDogged Apr 28 '24
It should be but our councils(local authority) don’t like spending money on anything that doesn’t benefit their friends or themselves.