“Thames Water should be “put out of its misery” and renationalised, according to the deputy leader of Reform UK, in a sign that the backlash against water privatisation has become an increasingly populist issue.
Richard Tice told the Financial Times that the situation at the heavily indebted UK utility was “completely untenable” and that City financiers were trying to “rip off consumers even more” with high interest loans and millions in fees.
“It is essentially bust, capital projects are being delayed and it should be put out of its misery now,” he said. “
There has to be moral hazard. Let it go into special administration for £1 and reorganise it to the benefit of taxpayers and consumers.”
So there you have it. Recognition across the political spectrum that Thames Water is a busted flush. Public ownership is now the official policy of The Lib Dems, the Green Party and Reform. On Radio 4’s Today programme (23.12.24) Kemi Badenoch explained the Tories have yet to formulate a policy under her leadership.
Labour is increasingly out of step with the 82% in favour of renationalisation. Our campaign is on the right side of history.
[www.BoycottThamesWater.Org comprises diverse consumers in the Thames Water area. The common bond is commitment to taking action to bring water back into public ownership. BTW is completely independent of any political party or other pressure group].