Private equity, dividends and regulatory failure

Thousands of homes across the South East have been without water for four consecutive days. South East Water’s record on water supply interruptions is one of the worst in the sector. Ofwat, the regulator, has placed it in the bottom three companies for disruptions each year from 2020 to last year. What has happened to the water industry in the past decade? And would nationalisation fix it? Michael Simmons is joined by The Spectator's business editor Martin Vander Weyer.

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