Down the drain: how billions of pounds are sucked out of England's water system

Visualised: where does the money from your bills go?Water firms' debts since privatisation hit ?54bn as Ofwat refuses to impose limitsEngland's water firms respond to investigation into role of global investorsThe untreated sewage that overflowed into England's rivers and beaches this summer came only a few months after the companies responsible paid ?1bn to their shareholders. The payment, for the financial year to March 2022, was less than average. Dividends from England's big water and sewage companies are usually twice that - ?2bn a year.The amount of sewage leaving the system was unusual, but the amount of money leaving the system is not. Continue reading...