And worth highlighting that a reason the water companies keep getting away with all their sh*t is that they're owned by the UK pension funds, who threaten the govt's borrowing levels/interest rates whenever holding them to standards happens.
Nearly half owed to UK pension funds and banks, a third to foreign investors and the rest to the Bank of England. We can say we won't pay the interest or the loans back but who would lend us 100 billion again next year? The Bank of England are selling their portion at the moment which I read is making things worse so we should tell them to stop but I don't really understand why that is.