Greens would nationalise SE Water and Thames Water without paying compensation, says deputy leader – UK politics live

Rachel Millward tells Brighton conference: “Forget compensation for shareholders and creditors, these are insolvent companies” She calls for national takeover of South East Water and Thames Water, without compensation for shareholders. She tells conference: Burnham’s 10 year plan of gentle threats and vague notions of control is not enough. Too many of our water companies have already failed. Right here in Sussex, we too often find ourselves driving to pick up bottled water because nothing is coming out of our taps. Not a single major reservoir has been built in this country since the beginning of privatisation 35 years ago. We see the sewage being pumped into our river by private profit making companies - and we see just how far wrong we’ve gone. Water - the very stuff of life - uniquely found on this planet in the whole wide universe - the stuff we’re made of - it replenishes us, cleans us, connects us… and we — sold it. Continue reading...