The smell of indequate regulation around England's water firms | Nils Pratley

The Environment Agency has tough words for polluting companies - but how has it let things get this bad?Emma Howard Boyd, chair of the Environment Agency, wasn't holding back. Fines for polluting water companies in England should be much greater, errant directors should go to jail in the worst cases and investors should not enjoy a "one way bet". All are reasonable ideas. The current state of pollution in rivers is indeed "shocking", "unacceptable" and all the other damning descriptions found in the EA's annual environmental performance report on the water firms.Serious pollution incidents increased to 62, the highest total since 2013. Seven of the nine privatised firms oversaw increases on 2020 in serious incidents. Only three companies - Northumbrian, Severn Trent and United Utilities - got a four out of four star rating. Continue reading...