[News] Well done southern water

[rippleman]

No water supply at all in BN11 or BN14.

Southern Water not answering the telephone so unable to get any indication of when the water will be restored.

Bound to happen as Southern Water has failed to invest in repairing and updating the pipes and sewers. Too busy lining the pockets of their managers and shareholders to reinvest in the infrastructure. The Victorians did us proud but the hardware has to be replaced sometime.

Time to nationalise the water supply system.

 

[Huple]

No water supply at all in BN11 or BN14.

Southern Water not answering the telephone so unable to get any indication of when the water will be restored.

Bound to happen as Southern Water has failed to invest in repairing and updating the pipes and sewers. Too busy lining the pockets of their managers and shareholders to reinvest in the infrastructure. The Victorians did us proud but the hardware has to be replaced sometime.

Time to nationalise the water supply system.

Another lefty wanting to nationalise everything. The ghost of Harold Wilson walks amongst us

 

[Thunder Bolt]

Another lefty wanting to nationalise everything. The ghost of Harold Wilson walks amongst us

We didn’t lose any water supply when he was in charge.

 

[clapham_gull]

Another lefty wanting to nationalise everything. The ghost of Harold Wilson walks amongst us

...and of course the vast majority of Conservative voters who like to see the water companies back in public ownership.

Do keep up.


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[Huple]

...and of course the vast majority of Conservative voters who like to see the water companies back in public ownership.

Do keep up.


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Water has less taste nowadays…. Explain that then

 

[BN9 BHA]

More political arguments

 

[rippleman]

Another lefty wanting to nationalise everything. The ghost of Harold Wilson walks amongst us

Clearly you don't understand that Southern Water operates a monopoly. You don't appear to understand that the profits of privately owned utilities are not reinvested in infrastucture but are paid out to managers and shareholders. In which case, I'm sorry, but I can't help you.

 

[rippleman]

An update.

Southern Water finally answered the telephone. They know there is a problem but their technicians don't know what the problem is and therefore can't give any indication of when the water is likely to be restored.

 

[Doonhamer7]

Clearly you don't understand that Southern Water operates a monopoly. You don't appear to understand that the profits of privately owned utilities are not reinvested in infrastucture but are paid out to managers and shareholders. In which case, I'm sorry, but I can't help you.

You obviously don’t understand how water companies are funded and regulated, they are monopolies but OFWAT puts requirements on them on their 5 year AMP plans. Without privatisation all the inefficiency would still be there and the funding debt if all the schemes would be on he national debt not private debt.

Obviously as you have it in for shareholders you don’t have a pension because quests who some of the biggest pension funds like investing in - yes you guessed it utility companies as although not high level of profit it is steady and safe. If Southern Water was still a Quango) (nationalised utility) your bill would be much higher as it would be inefficient

 

[Cotton Socks]

Another lefty wanting to nationalise everything. The ghost of Harold Wilson walks amongst us

And yes water does taste a lot different these days! It tastes like crap if you happen to swallow it in a area where Southern Water have illegally dumped it. It tastes like chlorine in certain parts of Brighton, to get a contrast.

 

[Thunder Bolt]

Clearly you don't understand that Southern Water operates a monopoly. You don't appear to understand that the profits of privately owned utilities are not reinvested in infrastucture but are paid out to managers and shareholders. In which case, I'm sorry, but I can't help you.

And illegally made the decision to dump raw sewage into the sea.

https://www.theguardian.com/environ...outhern-water-sewage-dumping-scandal-unfolded

 

[Eeyore]

Water has less taste nowadays…. Explain that then

The water companies have a lot of debt, Large debt that has led to borrowings. Earnings from household and business charges covers their capital expenditure.

Given that the companies have paid out billions in dividends we therefore conclude they have been borrowing to pay dividends and not investing as they should in infrastructure.

Privatisation of water wasn't just wrong, it was immoral and has continued to be so.

Please show me where my conclusion is wrong.

(I am not against all privatisation of public utlility- that would be hypocritical given that I have investments in transport providers. But I would never invest in water on principle).

 

[Seaview Seagull]

You obviously don’t understand how water companies are funded and regulated, they are monopolies but OFWAT puts requirements on them on their 5 year AMP plans. Without privatisation all the inefficiency would still be there and the funding debt if all the schemes would be on he national debt not private debt.

Obviously as you have it in for shareholders you don’t have a pension because quests who some of the biggest pension funds like investing in - yes you guessed it utility companies as although not high level of profit it is steady and safe. If Southern Water was still a Quango) (nationalised utility) your bill would be much higher as it would be inefficient

Natural monopolies like water should never have been privatized. No doubt you believe that competition is good for efficiency and you may be right but there is no competition in water. Southern have a shocking record particularly on discharging sewage into rivers etc so I'm afraid regulation just isn't working. In any case regulation could be applied to a publically owned entity.

 

[DavidinSouthampton]

You obviously don’t understand how water companies are funded and regulated, they are monopolies but OFWAT puts requirements on them on their 5 year AMP plans. Without privatisation all the inefficiency would still be there and the funding debt if all the schemes would be on he national debt not private debt.

Obviously as you have it in for shareholders you don’t have a pension because quests who some of the biggest pension funds like investing in - yes you guessed it utility companies as although not high level of profit it is steady and safe. If Southern Water was still a Quango) (nationalised utility) your bill would be much higher as it would be inefficient

And of course they’re very good with sewage!!!!!!

I’m afraid I don’t buy the “privately owned means more efficient” thing! How about the Railways!

 

[Thunder Bolt]

The water companies have a lot of debt, Large debt that has led to borrowings. Earnings from household and business charges covers their capital expenditure.

Given that the companies have paid out billions in dividends we therefore conclude they have been borrowing to pay dividends and not investing as they should in infrastructure.

Privatisation of water wasn't just wrong, it was immoral and has continued to be so.

Please show me where my conclusion is wrong.

(I am not against all privatisation of public utlility- that would be hypocritical given that I have investments in transport providers. But I would never invest in water on principle).

Agree 100%. Water is a basic of life, and should never be run with profits in mind.

 

[Weststander]

Exponential price increases from Southern Water, way above general inflation, over the last 30 years. A steady creep in prices, under the radar, because it’s not one of the major bills - mortgage, groceries, council tax and car fuel.

I’m not a devout socialist by any means, but what is the point, the advantage to us from Southern Water being nationalised?

 

[Dave the OAP]

I had a couple of nasty skin procedures at the Nuffield yesterday and noticed that the water main opposite the entrance was broken and gushing water

I wonder if that is linked?

 

[BN9 BHA]

Agree 100%. Water is a basic of life, and should never be run with profits in mind.

Unless you’re a plumber

 

[swindonseagull]

Plenty of water here.....do you want me to pass you some?

 

[clapham_gull]

Water has less taste nowadays…. Explain that then

Maybe you've always lacked it ?

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