Dŵr Cymru isn’t quite publicly owned. It is structured as a not for profit, public benefit company, but still is privately owned.
I believe this is far better than the structure of the English companies, but definately had some failings, probably partly due to having such a large area to cover, but with comparatively fewer people to serve (meaning less revenue).
They are then put in a situation where the UK government expects investment to come in privately, but then the shareholders are more likely to invest in the English companies with returns.
Dŵr Cymru isn’t quite publicly owned. It is structured as a not for profit, public benefit company, but still is privately owned.
I believe this is far better than the structure of the English companies, but definately had some failings, probably partly due to having such a large area to cover, but with comparatively fewer people to serve (meaning less revenue).
They are then put in a situation where the UK government expects investment to come in privately, but then the shareholders are more likely to invest in the English companies with returns.