Ofwat is just going through the regulatory motions and Labour must act after the election, says Peter Timberlake. However, Bill Kingdom says public ownership is no panacea
George Monbiot is, as always, spot-on with his analysis of the brutal outcomes of water privatisation (How the overseas owners of England’s water companies clean up by polluting our rivers, 26 April). We, the people, were robbed by Margaret Thatcher’s heist, never consulted or asked if we wanted to sell our prized publicly owned assets. Water and the other utilities were hoovered up by new owners slavering at the prospect of extracting all the cash from the companies – “leveraging” to give it a technical term, straightforward legalised money laundering in popular parlance.
The post-Brexit sewage crisis highlighted by people like Monbiot and Feargal Sharkey is the most visible result of the great stinking turd of water privatisation. Ofwat is pointless, just going through the regulatory motions while allowing the pollution to continue. Thatcher achieved privatisation with the stroke of a pen and a large majority. Keir Starmer will have the same circumstances to rectify this miscarriage after the election. I hope he has the guts to do it.
Peter Timberlake
Chichester
