this post was submitted on 18 Nov 2024
24 points (96.2% liked)

United Kingdom

4109 readers
243 users here now

General community for news/discussion in the UK.

Less serious posts should go in !casualuk@feddit.uk or !andfinally@feddit.uk
More serious politics should go in !uk_politics@feddit.uk.

Try not to spam the same link to multiple feddit.uk communities.
Pick the most appropriate, and put it there.

Posts should be related to UK-centric news, and should be either a link to a reputable source, or a text post on this community.

Opinion pieces are also allowed, provided they are not misleading/misrepresented/drivel, and have proper sources.

If you think "reputable news source" needs some definition, by all means start a meta thread.

Posts should be manually submitted, not by bot. Link titles should not be editorialised.

Disappointing comments will generally be left to fester in ratio, outright horrible comments will be removed.
Message the mods if you feel something really should be removed, or if a user seems to have a pattern of awful comments.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] echodot@feddit.uk 2 points 1 week ago (1 children)

The government doesn't want the service to collapse because it doesn't want the cost of nationalising it.

They might not really want to nationalize it but they're also aware of public sentiment. They may ultimately decide that it's worth nationalizing it just to send a message. So you don't know they won't nationalize it so the rest of the argument is somewhat irrelevant until that decision is made.

Your point is that you think that nationalization would end up in a worse situation than it currently is in and honestly I can't see how that could possibly be the case.

That's because you seem to be assuming nationalization has neither an actual nor political cost. It has both.

Chancellor's budget had been under a microscope with people wondering how on earth they'll balance the books without raising taxes on people (as they promised). Chucking in the nationalization of the country's biggest water supplier like its spare change is nuts.

Private investment is fine, even preferable, so long as it's regulated properly. That's Ofwat's job. If you don't think Ofwat can do that job properly then I'm not sure why you'd think similar people would do better running the entirety of TW..