Failures in privatised: Rail Companies, Electricity Suppliers and now Water Companies. 

Where and when will it end? – Owl

“Whitehall was on Wednesday night drawing up contingency plans to nationalise swathes of Britain’s water industry as the country’s biggest supplier teetered on the brink of collapse.

Officials are laying the groundwork for the emergency nationalisation of Thames Water as investors refused to give the company a £1bn lifeline…..

Fears are growing that the collapse could trigger a domino effect across the industry, which is laden with £60 billion of debt built up during years of lower interest rates.” (Extract from Telegraph)