
52. When privatisation fails: Why is the water industry drowning in debt?
The Rest Is Money
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Privatization of Water Industry and Financial Implications
Exploring the privatization of water industry in England and Wales, focusing on Thames Water and the impacts of privatization on efficiency and competition. The chapter contrasts the success of privatization in telecoms with the challenges faced in the water industry, discussing the financial complexities, debt burdens, ownership structures, profit motivations, and insufficient investments in improving water quality and infrastructure.
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