Conversation

"England is one of the few countries in the world where water is fully owned by private companies. These companies answer to investors based thousands of miles away from their customers."

"About 10% is known to be owned by English investors, while about 72% is owned by overseas investors and 18% is unaccounted for."

“What we have here is just a crazy system. We are managing our water in the interests of offshore investors.”

Kate Bayliss,
University of London.

https://www.theguardian.com/environment/ng-interactive/2022/nov/30/englands-water-the-worlds-piggy-bank