When, or not long after, NWL were taken over they took a credit line/loan from the new owner on less favorable terms than the existing arrangement. But when you invest £2B+, or anything for that matter, what sort of annual returns can/should you expect?
And here is part of the problem. The drainage system was a ticking timebomb for years before privatisation and the regulators have so far prioritised other things.
Thinking about it, Teesside kind of has it's own interceptor. Stockton drains into Portrack and Middlesbrough into Cargo Fleet and both pumped to Teesport.
That’s the key thing isn’t it. Critical infrastructure should not be ran for profit or return on investment. Any profit generated should be put straight back into the system. Water companies are monopolies and shouldn’t be private. Same for any other utility. It’s a disgrace it was allowed to happen.
Hartlepool flows into Seaton which joins Billingham too. I’m pretty sure that flows to Bran Sands but can’t be certain. Bran Sands treats and discharges into the North Sea.
I'll not disagree with that but that ship has sailed. And these businesses will cost a lot more to privatise than they brought in.
Billingham effluent is pumped to Seaton and, I think, discharged to the sea.
Yes that sounds about right. Billingham, Brenda Road and Seaton combine.
But that's just an extension of neoliberal thinking. The cost isn't an issue with a national infrastructure or services as the provision MUST be made.
MAybe the cost isn't the issue but who pays is.
Sewarage is the pipes and pumps, just stop sewage has a better ring to it.
The same people paying now will be the ones paying in future.
Guess it depend on who is more efficient, private business or government with multiple priorities.
Ooooo
By NWA's own account it does contain raw sewage.
