Say for example a water company makes no effort to invest in new pipes what exactly can OFWAT do about it?
2006-11-23 01:16:50 · 3 answers · asked by ow do 1 in Politics & Government ➔ Government
OFWAT and all the other similar tWATs are just apologies for the fact that successive governments have sold off the national assets and robbed us blind. They can impose large fines but rarely do and, since the shareholders' dividends are always sacrosanct, it's the poor old consumer that ends up paying them anyway.
2006-11-23 01:36:50 · answer #1 · answered by checkmate 6 · 0⤊ 0⤋
On paper OFWAT has powers to fine heavily the water companies but since New Labour is constantly looking for 'bungs' from large organisations to their party funds it won't happen. OFWAT like all the rest is run by snivelling crawlers whose only interest is in following our Dear Leaders wishes.
2006-11-25 11:52:13 · answer #2 · answered by Rob Roy 6 · 0⤊ 0⤋
OFWAT can then fine them - thus making improvement even more unlikely - typical New McLabour type of trick.
2006-11-23 03:36:52 · answer #3 · answered by Anonymous · 0⤊ 0⤋