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Who owns Britain? The effects of privatisation on the costs of living in the UK (www.common-wealth.org)
submitted 1 year ago by to c/unitedkingdom@feddit.uk
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[–] 4 points 1 year ago (1 child)

I know nationalising water right now would cost hundreds of billions

a hundred billion or so is the government's own line. other more believable opinions suggest this is bollocks

https://www.theguardian.com/business/2025/jun/09/water-companies-public-ownership-could-cost-close-to-zero-says-common-wealth-thinktank

https://www.taxresearch.org.uk/Blog/2025/06/27/how-much-would-it-really-cost-to-nationalise-water

https://weownit.org.uk/news/government-100-billion-water-nationalisation

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  • [–] 5 points 1 year ago

    is the government’s own line.

    Based entirely on the water companies claims.

    The gov has not even bothered to audit and value the companies themselves. But just used the corps own valuations.

    The whole idea that the companies have any value given their debt and failures to maintain infrastructure even with that debt. Is just out right scummy bollocks.

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