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The Guardian Environment·3 min read·medium

Turn failing water firms into not-for-profit cooperatives, MPs and mayors tell PM

H
Helena Horton
Turn failing water firms into not-for-profit cooperatives, MPs and mayors tell PM
AI Summary

Labour politicians and regional mayors are proposing that failing UK water companies be converted into not-for-profit cooperatives. This model aims to increase public control and improve infrastructure investment without adding to the government's national debt.

A union flag floats downstream from a polluted tributary of the River Deben, near a storm overflow at Wickham Market, Suffolk. A union flag floats downstream from a polluted tributary of the River Deben, near a storm overflow at Wickham Market, Suffolk. Water industry Turn failing water firms into not-for-profit cooperatives, MPs and mayors tell PM Labour politicians say mutualised model puts public in control without adding debt to government’s balance sheet

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