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...“If they don’t know where the sewers are, they will also be ignorant of the age and condition of the pipes, raising serious questions about the value and liabilities associated with the infrastructure as...
...Rachel Reeves, shadow chancellor, said last year: “Spending billions of pounds on nationalising things just doesn’t stack up against our fiscal rules.”...
...“The majority of people said that their bill is either unaffordable now; will be in the future; or they don’t know if they will be able to afford it,” said Mike Keil, CCW chief executive....
...Letter in response to this article: Why economies need ‘whole life’ product pricing / From Peter T Jones, North Kilworth, Leicestershire, UK...
...They weren’t expecting to inject cash of their own. Now the companies have too much debt, they haven’t invested enough in infrastructure and some of the more recent shareholders are screwed.”...
...“The shareholders would be irrational to put any equity in if they don’t win concessions,” he added....
...“Two 250m trains [tethered] would be 500m, which wouldn’t fit in any station,” said an industry figure....
...Tim Whittaker, head of data at Edhecinfra and Private Assets, a research institute, said the “loans wouldn’t do anything to significantly de-lever Thames’ balance sheet, which has been one of the core risks...
...“You’ve still got to dig 4.5 miles of tunnel and that won’t be paid for by the private sector,” he said in an interview....
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...Association, said that although the government was “constantly churning out strategies and road maps highlighting the importance of infrastructure for economic growth, productivity and competitiveness, it doesn’t...
...If that investigation doesn’t happen and/or contamination is found, then that’s when enforcement is warranted.” Discolouration was a symptom in the Flint, Michigan, water crisis, Gazze said....
...It’s hard to tell, says Ben Hania, but “people who think it was a failure don’t know history. Revolutions force us to build a country from scratch....
...But maybe the bigger problem for the UK is that Thames Water isn’t the only utility in trouble. The FT’s Gill Plimmer joins me now to talk about it. Hey, Gill. Gill PlimmerHi....
...And for that, we’re joined by the FT’s infrastructure correspondent, Gill Plimmer. Hi, Gill. Gill Plimmer Hello....
...“Equity is saying it won’t give any more money unless Ofwat blinks and Ofwat is refusing,” added this person....
...“We need to make sure that companies are regulated in a way that makes sure that what happens to their balance sheet doesn’t do damage to public services on which we all depend,” Hunt said....
...We don’t need the dither and delay of a consultation, we need immediate action.”...
...“Politicians don’t like upsetting voters with rate rises, and there are always other priorities for general taxation.”...
...“Spending large sums on private providers also diverts income away from NHS hospitals, leaving them with less money and staff to do the complex work that the private sector won’t do,” he added....
...We wouldn’t have done that without HS2,” he said....
...Pushing more money into the pipeline alone won’t address much of the root causes,” said Raoul Ruparel, director of BCG’s Centre for Growth....
...“I’m not saying don’t do the big projects but it’s not the only way,” he said, pointing to the need for decentralised energy systems such as solar and wind farms for the electricity grid network....
...She warned of the risk that “either we don’t have a resilient energy supply, or we have a resilient energy supply that costs far more than it needed to”....
...“At the time, I hadn’t been through that information and wasn’t aware of the source of that finance.”...
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