We need the water company's to be better regulated
Consumers are facing big price rises for what they pay for their water supply. Some of the water company's are paying out huge sums in dividends to shareholders, big bonuses and salaries to senior management. It needs to end and end now.
Signatures
6
signatures
Government response threshold (10,000) · 6/10,000
Debate threshold (100,000) · 6/100,000
- 27 MAR 2025Petition rejectedduplicate
You may wish to sign the following petitions which call for the same actions: Review regulation utility companies dividends and infrastructure investment https://petition.parliament.uk/petitions/708153 Nationalise the UK water industry https://petition.parliament.uk/petitions/700436
- 13 FEB 2025Petition created
Background
In my view OFWAT needs to be scrapped. If it is to be replaced it's replacement needs to hold the water company's to account.
If a water company is struggling financially it needs to be nationalised even if that means shares become worthless.
No more paying out of huge dividends to shareholders and rewarding failure
No more excessive salaries and bonuses for senior managers.
Laws need to be created to make it a criminal offence for water companies to dump raw sewage into waterways etc