As far as public utilities were concerned, gas, electricity, telecoms and water were all ripe for the picking. Well in the first instance, shareholders in water companies will fund the investments. They’re sorry for pumping poo into our rivers but just how sorry are they. The announcement came just a day after Severn Trent, one of Britain’s biggest water companies, also raised its dividend to £261 million. Together, the two FTSE 100 water companies will have paid more than £560 million to their investors over the past year.

Source: The Guardian June 04, 2023 12:18 UTC