top of page

British Water finds jobs and investment would suffer from nationalisation

Most water supply chain companies fear negative impacts should the industry be nationalised, according to a survey by British Water of its members.

Among the findings were:

• 78% said they believed future investment would be reduced or significantly reduced, while 14% believed it would increase;

• 64% believed the number of people employed in the supply chain would be reduced;

• 66% believed standards of service would be reduced or significantly reduced;

• 39% believed water quality at the tap would be reduced; and

• 55% believed their business’ turnover and profitability would be reduced or significantly reduced.

British Water UK director, Paul Mullord, said: “Changes in the ownership structure of the water industry would inevitably have an impact on British Water members. The risk coming from re-nationalisation is that levels of investment would fall, reducing opportunities for the supply chain, especially small and medium-sized enterprises, and potentially impacting on levels of service for customers. While less than 40% believe water quality into people’s homes would be affected, a majority of our members have expressed concern about the impact on their businesses, jobs and levels of investment.”

Some 40% of British Water’s 200+ member companies responded to the survey. 37% were consultants, 30% were contractors, 29% were manufacturers and suppliers, and 4% were water companies.

 
 
 

Recent Posts

See All
Out of pocket

CMA appellants argue the FDs expose them to the fundamental risk of being unable to attract capital. It is very difficult in just a few...

 
 
 

Commenti


bottom of page