New commission may ban English water companies from making a profit

Defra body, created to overhaul system amid public fury, may force firms to be run for public good rather than shareholder returnsNew water regulator must create environmental enforcer that is feared | Nils PratleyWater companies in England could be banned from making a profit under plans for a complete overhaul of the system.The idea is one of the options being considered by a new commission set up by the Department for Environment, Food and Rural Affairs (Defra) amid public fury over the way firms have prioritised profit over the environment. Continue reading...