Water: why we are paying more and getting less

Christopher Booker,Telegraph
"Since our water industry was privatised 20 years ago (it is now largely foreign-owned), our total storage capacity, 520 billion gallons, has barely increased. Due to drought, our reservoirs are only 90 per cent full, a shortfall of 50 billion gallons. Yet in the Thames Water area alone, more than 50 billion gallons a year is lost in leaks – fully a third of the total that the Australian-owned company delivers to its customers.

So where have all those tens of billions of pounds that we have handed to the water companies gone, if they haven’t been spent on increasing our water storage, over a period when the population rose by 10 per cent, or on mending leaks? (In Holland, where water is still state-owned, only 6 per cent is lost in leaks.) ....."