Cryptosporidium - is anyone having to boil their water?

Yes, Ofwat says the figures are wrong.

"[It] does not represent the true total given it is inflation-adjusted. Ofwat offers the figure since privatisation as £52bn," the regulator said.”

That’s okay then, it’s only £52bn.

Do you think people and organisations should have put money into the water industry for little return? I own shares and I expect decent dividends.

I’m stating the fact related to the amount Germanshepherdsmum. You know that I don’t think water should ever have been privatised in the first place.

I agree with Casdon that as water is essential to life it should never have been privatised. We can, and some people have had to, do without gas and electricity but we wouldn't last long without water.

As a matter of interest, do we know how many other countries in Europe, or even the World, that have allowed their water supplies to be privatised?

An appeal by Water Aid just popped up on the tv and my initial reaction was that it was for the UK …

'Ofwat', I keep thinking there is a letter missing.

MayBee70, I have seen 'joke' ones on Facebook, about sending £2 a month to help get clean water for a region in England.

As an experienced shareholder Germanshepherdsmum, do you expect/wish for proper re-investment in your projects, or to only glean profit from them?

I have invested for the returns and capital appreciation. I don’t care what is done with the money I have invested and have no power over it. So yes, I’m in it purely for profit. Like everyone else.

Germanshepherdsmum

I have invested for the returns and capital appreciation. I don’t care what is done with the money I have invested and have no power over it. So yes, I’m in it purely for profit. Like everyone else.

So, arms? Tobacco? All OK as long as you can draw an income? There is a word......

Perfectly legitimate businesses - and no, not the water industry or any other privatised industry. No way would I invest in tobacco or arms, but thanks for the vote of confidence in my integrity.

Callistemon21

fancythat

Can we say for 100% that it wouldnt have happened under public ownership?

Welsh Water is a not-for-profit organisation.

Their record is no better.

The River Severn, which runs between England and Wales, was the most polluted river and had seen 28,741 hours of sewage pumped into it on 2,656 occasions by Severn Trent Water. The rivers in Wales included in the list are the River Teifi, River Usk, River Wye, River Tawe, Menai Strait, and River Taf.

The total of six led Undertones singer and keen fisherman Feargal Sharkey, who is on a mission to protect the UK's rivers and streams, to tweet: "What on earth is going on in Wales, Welsh Water @Dwr Cymru with an utterly despicable record of 6 of the most polluted rivers. Get a grip."

A few months ago local people were told not to drink or use tap water and bottled water was being given to householders. That was over a Christmas period.

If anything should bring us out on to the streets protesting, it is this!

Welsh Water may well be a not for profit bunch BUT don't forget they own the company they pay to do all repairs etc which DOES indeed turn a huge profit...

MibsXX not a lot of people know that (including us).