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Millward calls for immediate takeback of ‘failed’ water companies

She calls for national takeover of South East Water and Thames Water, without compensation for shareholders. She tells conference:

Burnham’s 10 year plan of gentle threats and vague notions of control is not enough. Too many of our water companies have already failed.

Right here in Sussex, we too often find ourselves driving to pick up bottled water because nothing is coming out of our taps.

Not a single major reservoir has been built in this country since the beginning of privatisation 35 years ago.

And so, today, the Green Party is announcing that we would, immediately – not in 10 years, but before Christmas, bring South East Water and Thames Water back into public ownership at no cost to the tax payer.

We have all the tools we need to make it happen. Forget compensation for shareholders and creditors, these are insolvent companies.

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