Last weeks admissions of failure by the British Water Companies are the perfect demonstration of the failure of Margaret Thatcher’s privatisations. Water pollution in the UK reflects and reveals decades of mismanagement by these water companies and exposes once and for all the failures of Britain’s privatisations brought about by the Thatcher and Major governments.
Now the final cost of these privatisations include polluted rivers and the coastline of the British Isles. Years of lack of investment and mismanagement have surfaced to show us the extent of the problems of privatisation. These companies have been creaming off profits to shareholders and investing in other business interests whilst neglecting their primary purpose. The stench of corruption and malpractice is as bad as the stench left by them in our polluted rivers and our beaches. Companies such as these have the obligation to look after the resources they are managing not to trash them. This obligation should be a prerequisite to the nature of there work. Hence by increasing pollution in our rivers and upon our beaches they have failed to execute their duties properly and should be removed as a liability as quickly as possible. It wouldn’t take long to do this and to prove this in a court of law and the British Government should be pressed to do so as a matter of obligation. However we have a Conservative Government in power that still supports these failed privations dating back to the Thatcher and Major Governments so any action on the matter seems remote.