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Evening Standard
Evening Standard
Rebecca Speare-Cole

Investors stripping cash from water firms ‘criminal’ says ex-Wessex Water chief

Wessex Wessex Water Emma Hardy Cat Hobbs Jon Cunliffe Environment

The former chief executive of Wessex Water said investors stripping cash from water firms was “criminal” at a conference debating the future of the sector.

Colin Skellett, who helmed the south-west England utility from 1988 to 2024, argued against nationalising water companies because of the industry requiring “continuous levels of investment”.

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