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welcome to hardtalk. i am stephen sackur, and today i am on the banks of the river leave north of london. this beautiful habitat has, in recent years, become a battleground, which has pitted anglers and conservationists against the privatised water companies and the industry regulator. my guest today is the former punk rock star turned environmental campaigner feargal sharkey. now, he is leading the campaign to clean up in britain s waterways. but can years of environmental degradation really be reversed 7
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feargal sharkey, welcome to hardtalk. feargal sharkey, welcome to hardtalk feargal sharkey, welcome to hardtalk. ., y c hardtalk. thank you very much. man will hardtalk. thank you very much. many will know hardtalk. thank you very much. many will know you hardtalk. thank you very much. many will know you for hardtalk. thank you very much. many will know you for your - many will know you for your music career, but in using recent years, you have become one of britain s most noisiest campaign is to clean up and protect britain s waterways. and we suggested an interview, you wanted to meet cheerful to why here? why here? the truth is i have sent why here? the truth is i have spent the why here? the truth is i have spent the last why here? the truth is i have spent the last six, why here? the truth is i have spent the last six, seven - why here? the truth is i have. spent the last six, seven years as chairman until the last few months and i find as chairman until the last
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when they come up with the figure, what they forget to engineers they have also taken out £72 billion in dividends out £72 billion in dividends out of those companies, they have left the company sitting on £60 billion with a debt to such an extent that one of them almost toppled a metal of weeks ago. almost toppled a metal of weeks auo. ., ., almost toppled a metal of weeks am, ., ., ., ~ almost toppled a metal of weeks ago. you are talking about thames water, ago. you are talking about thames water, which - ago. you are talking about thames water, which will. ago. you are talking about - thames water, which will serve 15 million customers and has a debt of forced £14 billion. if you look at the balance sheet, just 1a, but if you go looking through the broader of companies, you will come to kangawalla financing and i think you will find they are sitting on 21.7 billion pounds worth of debt. when it comes to the water quality. there are two stretches of river in england right
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underreporting going on. that was being used to then gain favour from the regulator and let me remind everybody. taste let me remind everybody. we have to be let me remind everybody. we have to be careful. as you say, allegations right now. let me make the allegations right now. let me make the last allegations right now. let me make the last point. allegations right now. let me make the last point. this i allegations right now. let me make the last point. this does| make the last point. this does make the last point. this does make 12 months ago southern water was fined 20 million quid in court and the judge said that was because there are deliberately misleading and trying to deflect the regulator away from what was going on, and the reality of their business model. that is not an allegation that was the quote of the judge. allegation that was the quote of thejudge. i’m allegation that was the quote of the judge- allegation that was the quote of the judge. of the udge. i
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