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Water firms illegally spilled sewage on dry days

Transcripts for BBCNEWS HARDtalk 20240604 03:34:00

of broad collective group, the water uk chief exec, michael roberts, said now, he said this admittedly three, four years ago, but i m sure the industry would say that the fundamentals still apply. he said, when privatisation came to the uk, water quality was poor, rivers were polluted, our beaches were badly affected by sewerage, and since privatisation, investment of nearly 160 billion has seen improvement. he laughs let me put some qualifications on all of this. when water companies engine the word investment , it s not in the sense that you and i and most people think of it, that the shareholders have taken cash out of their back pockets. any money spent by the water companies has actually been funded by bill payers. now, when they come up with the figure, what they forget to mention is they ve also taken out £72 billion in dividends out of those companies, that s our money, they ve left

Industry
Michael-roberts
Group
Privatisation
Fundamentals
Water-uk
Four
Three
Rivers
Sewerage
Water-quality
Britain

Transcripts for BBCNEWS HARDtalk 20240604 22:34:00

here s what a former chief of the water industry sort of broad collective group, the water uk chief exec, michael roberts, said now, he said this admittedly three, four years ago, but i m sure the industry would say that the fundamentals still apply. he said, when privatisation came to the uk, water quality was poor, rivers were polluted, our beaches were badly affected by sewerage, and since privatisation, investment of nearly 160 billion has seen improvement. he laughs let me put some qualifications on all of this. when water companies engine the word investment , it s not in the sense that you and i and most people think of it, that the shareholders have taken cash out of their back pockets. any money spent by the water companies has actually been funded by bill payers. now, when they come up with the figure, what they forget to mention is they ve also taken out £72 billion in dividends

Michael-roberts
Group
Water-industry
Water-uk
Rivers
Industry
Water-quality
Sewerage
Britain
Privatisation
Fundamentals
Beaches

Transcripts for BBCNEWS HARDtalk 20240604 03:34:00

capable of delivering and insuring not only the interests of the customer and bill payers, but the environment. here is what a former chief of the water industry sort of broad collective group, the water uk chief exec, michael roberts said, he that is admittedly three, four years ago, but i am sure the industry would say that the fundamentals are still apply. he said, when privatisation came to the uk, water quality was poor, rivers were polluted, our beaches were badly affected by sewerage, and since advertise asian, investment of nearly 160 million has seen improvement. let me put some qualifications and all of this. when water companies engine the word investment, it is not in the sense that you and i, most people think of it, that the shareholders have taken cash out of their back pockets. any money spent by the water companies has actually been funded by bill payers. now,

Chief-exec
Environment
Bill-payers
Group
Water-industry
Customer
Interests
Insuring
Industry
Britain
Fundamentals
Privatisation

Transcripts for BBCNEWS HARDtalk 20240604 21:34:00

bill payers, but the environment. here s what a former chief of the water industry sort of broad collective group, the water uk chief exec, michael roberts, said now, he said this admittedly three, four years ago, but i m sure the industry would say that the fundamentals still apply. he said, when privatisation came to the uk, water quality was poor, rivers were polluted, our beaches were badly affected by sewerage, and since privatisation, investment of nearly 160 billion has seen improvement. he laughs let me put some qualifications on all of this. when water companies engine the word investment , it s not in the sense that you and i and most people think of it, that the shareholders have taken cash out of their back pockets. any money spent by the water companies has actually been funded by bill payers. now, when they come up with the figure, what they forget to mention

Bill-payers
Michael-roberts
Group
Environment
Water-industry
Water-uk
Three
Four
Rivers
Industry
Britain
Sewerage

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