Richard Questions Ofwat Price Review Director Over 36% Water Bill Increase

[@KeyserSolsi]

Ofwat boss is on 760k. salary with a 1.5 million bonus. The vital investment is to fill the pockets of the shareholders and senior directors. The system is broken. He came with some ready answers.

[@gillianmorris747]

Ofwat, Ofgem, Ofsted, Ofcom, all USELESS, get rid

[@jonboymk1bridgemaryfront889]

no mate

[@lisaf7909]

We've already given them lots of money and they have allowed our water sources to become contaminated. Water should not be for profit!

[@ImloyaltoScotlandonly]

Scotlands water is nationalized under snp

[@mackerelbasher]

" I understand public concern and anger '' But...I don't give a toss

[@johnwillison6822]

@mackerelbasher so you're happy to pay almost a 50% hike next year and trust they'll improve the standard of service and environmental damage

[@Ukipmiddleleft]

I'm sick of this rip off country

[@CountryWilly]

So the pensioners will freeze and have no water

[@Darren-i1w]

So, should pull themselves up by their bootstraps instead of expecting handouts like freeloaders

[@tonytucker7359]

But at least where putting immigrants up in hotels

[@robwellings1608]

36% increase for what ?? More bumper bonuses for directors ?? OFWAT not fit for purpose, you should be ashamed of yourselves

[@jamesbowskill362]

Most profits are for the foreign owned water companies whose shareholders cant get the same payouts in their countries due to government fixing prices.........................SO they fleece the UK users AGAIN & AGAIN, while starmer stands & watches

[@mpjkea2000]

Whilst living in France we had to double check that the water bill was right as it was so low ? Electricity as well is very much lower than the UK. Rip off UK

[@crotchet1586]

Isnt that because they pay a higher rate of tax that goes to subsidising utilities?

[@jamesgilheany9624]

OFWAT literally has one job and it's failed. Consequences - none.

[@SimonSmith-yd6tt]

Ofwat, Ofcom, Energy Ombudsman & FSA/FCA all toothless useless quangos set up by ? .... Ans The Tory Party

[@jonno946]

Nodding dog springs to mind

[@kevinfleming4906]

Well done the GMB team. Don't let these worms off the hook.

[@Fabbydabby1]

If bills have to rise to fund investment then why have they been given out big dividends

[@crotchet1586]

Because the bonuses are linked to how much they pay out in dividends. Totally corrupt

[@LoneSheWolf09]

Absolutely CRIMINAL!!! Renationalise all our public services!!

[@johnwillison6822]

Refuse to pay. They cant cut our water off. Its a right

[@Felled-angel]

I stopped paying 5 years ago and haven't even had a letter.

[@Cooki3Munster]

boycottwaterbills

[@philipsowden7363]

They can get it back from benefits or wages if have to .

[@crotchet1586]

I think Thames water can cut people off

[@Cooki3Munster]

@@crotchet1586 No they cannot, dont pay by direct debit get an itemised bill and refuse to pay the waste water charge for which they are failing to provide a service.

[@nicksealey7004]

Disgraceful,,GREED is what it is,,

[@Ben-e9u4d]

Really genius

[@Bert52]

I thought water was a basic human right why are we paying shareholders and bosses huge bonuses for something we need to stay alive!!!!!

[@KeyserSolsi]

Because they are crooks

[@crotchet1586]

Rampant Corpratism

[@leet3207]

Nothing more than legalised racketeering.

[@Dawson1994]

His Job should be working for the people but he works for the millionaire

[@lolbro1]

“To fund vital investment “ ……….the people also generously ‘funded’ shareholders record payouts

[@rchatte100]

Cut the dammed foreign aid budget and give us our money back!

[@Darren-i1w]

Cut benefits and the nhs. Save more money

[@michaelhardy3503]

Put it back in public ownership. Cuts out money going to shareholders.​@@Darren-i1w

[@butlerpa100]

Labour government will be taxing AIR next.

[@chris-vn6sw]

Yet again the public have to pay for private company greed 😡😡

[@dextercool]

Why wasn't ring-fencing for investment in infrastructure done from the start of privatisation?

[@ricardosmythe2548]

Because it was done to pump money into private hands. The authorities don't represent the public they represent private entities.

[@albertcross4275]

It's simple, money, and greed... A total scam... 🤔🤔

[@josephsweeney-ll1ni]

just so corrupt

[@Kellyr555]

So why they paying themselves massive salaries and bonuses

[@garysmith4717]

He sounds like a union boss

[@prodlowd]

Ofwat want to please water bosses, they don't care about the public

[@Wee_Langside]

Mrs Thatcher promised that privatised water companies would invest and manage water and sewage to give as cleaner rivers and higher quality water. They would raise money in the markets. What we've got is Foriegn companies taking money without investment for 35 years and letting the infrastructure fall apart. The last major reservoir built in England was started in 1989 when the population of England was 48 million it's now 58 million. That's profiteering neglect.

[@alanrogers9597]

He's got a PhD and loads of certificates. He's been doing the job for a while. So what's gone wrong ?? does he know all the fish dying in the Wye ?? does he care ??

[@chrisesox9837]

They should enquire into Maquarie who took millions out for dividends from Thames Water to the extent that TW had to raise funds for future investment. Maquarie now has major shares in Southern Water. !

[@chris-vn6sw]

Who pays for the illegal migrants water ? 🤔

[@adamrubinson6875]

"I think we're going to have to remive the profit motive from this industry". It's more likely that pigs start flying

[@n28utd]

"for legal reasons" hilarious 🤣🤣🤣

[@JosephODonohue-zf5on]

All stop paying, Send the message in the millions no, no no,We will not pay, It's not fit for purpose

[@butlerpa100]

What the heck have these companies been doing for years. Dumping sewage in rivers and not addressing the problems

[@jasoncooper1728]

In one ear out the other

[@YK-tj1nh]

This is hilarious, when approx 58,000 homes in the south of Hampshire today are without running water *right now*, customers have to pay for water companies fuckups?

[@chris-non-voter]

Extra funds for share holders, we'll be here again in five years, huge bonuses, payouts to share holders and sweet F'ck all spent on infrastructure.

[@MarcyB]

Yep, let's stick this in the KZbin time capsule and confirm you're right in 5 years.

[@alzo1sgood]

Thankfully, up in Scotland, the water charge comes in line with the council tax. The people of england should tell these scam water companies to stick it.

[@anthonyanderson2622]

Surely companies should be maintaining their systems and providing clean water and no sewage being dumped into rivers and seas. The taxpayers should not be funding this. Ofwat are a waste of time.

[@MacArthur-Park]

I keep all my bills. I trawled through my water bills for the last 15 years. They have risen by about 60% MORE than inflation over that period.

[@derekslaven3454]

AND AGAIN OFWAT REWARDS FOR FAILURE AND 80% OF MONEY WILL GO ON INCREASED WAGES AND BONUSES.............IS THAT CORRUPTION.....OR WHAT!!!!!!!

[@steveelwick8096]

Investment they say what abour the last 20 yrs , piggies n troughs, another disgrace

[@ragnarok8952]

take the money from the investors and shareholders that siphoned off all the money in dividends

[@terencepowell-c4o]

Disgusting

[@sharonsmith381]

GREED GREED AND MORE GREED

[@davidparker6046]

People for southern water never turn your taps off ever because those sort of prices are ridiculous

[@robwellings1608]

Not the best if you are on a water meter... maybe think before you write

[@Cooki3Munster]

Privatised by Thatcher to detriment of all, Ofwat is pointless and needs disbanding, environment agency a joke. Prioritise water being brought back into public ownership, UK water should not be about dividend earnings.

[@davidbowie2046]

Labour have give this the go ahead too! Nice to see Feargal being the voice of the people.

[@crotchet1586]

Aye, its rare to find a good heart these days!

[@philhood4604]

Complete joke. Take utilities back into public ownership

[@n28utd]

Well done Richard!!

[@David-j9h9g]

They have had decades to improve.....but they wanted to pay investors!!!!

[@Sharpe2007Dent]

Renationalise water asap. Prices need to rise to ensure investment? Theyve been making increased profits for years and the infrastructure and public health failures only gotten worse - cut the money to shareholders and re-invest THAT for these issues. Then nationalise. It should be illegal whay they are doing.

[@ragemachine4991]

Just like the energy regulator Ofwat DO NOT represent the customer.

[@trevorluft1763]

Guess where you go if you don’t pay!

[@jonno946]

Well done Richard

[@paulmurray412]

You're being harsh. It's raining 36% less, the rivers are flowing 36% less.

[@cottonsockzc2405]

It’s a natural resource vital for life,we shouldn’t be paying for it in the first place. Is the rain and rivers gna start flowing 36% more due to them stuffing the bosses pockets with our money?

[@dannybeard7005]

😂

[@SwatantraNandanwar]

Can't stand Madely GMB or Burley from Sky. Maybe the two can pair up and produce a programme for GBN, which nobody watches.

[@farmer_donny]

Why are the water companies allowed to increase their prices so that the customers pay for investment. If my local shop wants to make an investment to improve its profits or make custom more reliable, he funds it out of his profits. He doesn't have a monopoly, which means he can't forces customers to pay whilste he takes large bonuses for doing a poor job. If my water bill is increased so they can invest in new infrastructure I want to know how many shares I get for this investment.

[@Zoro007]

And of course so will the huge pay cheques and bonuses and gold plated pensions..... always rewarding for complete and utter failure.....!!!!!!!!!

[@terryolekszy9486]

No doubt they will pay their directors generous dividends

[@paulrichardson7905]

Cheap. We are paying $300. a month in the San Franscio Bay Area (NAPA COUNTY)

[@fintamaria2429]

When all you do is make workers pay, for the profits of the bosses from the water, gas, electricity, landlords, etc., the profits of the shareholders. And you expect other results. WOW we work for the lives and luxury, opulence 🤑 of these BOSSES

[@NeilBrown-rz5ll]

Fergal Sharkey the only person that speaks sense!..

[@chrisdonnelly7401]

take the companies to court for defrauding the public as well of the governement

[@bowjana8128]

No wonder more people are giving up work

[@davidwood6399]

make the raise in bill to invest but ban bonus and dividends payment.......the bring back into public ownership and scarp ofwat

[@trevorluft1763]

Gods water free! Change its identity,a fortune

[@bartoni79]

What legal reasons revert them discussing the water issue?

[@n28utd]

Thought this government was meant to hold these organisations to account, pft OK then

[@alexandersmith9469]

So after the record levels of "investment" have been completed will bills come down again? 🤔

[@prominecraftbuilder829]

dont pay, simple

[@adrianlunnon3514]

Not paying anymore!!!!

[@Robert-cu9bm]

I wish I could tell my business clients my prices are going up 50%!... But don't worry it's so I can invest in my own business. It's not up the end user to fund investments. Investments give the possibility of a return, as an end client if I'm paying for the investment I want the return!.

[@YungstarH1]

more, more, more, more, more... its all you ever hear

[@davidparker6046]

When did customers pay for a full reinvestment in advance put your charges up after you’ve did it

[@gdhyper6047]

This fella should be locked up for fraud

[@tonytucker7359]

Recidivism pays dividends

[@kennyjohnson3271]

more waffle...its simple ...dont pay massive bonus..then pass it on to the customer

[@diabeticguy]

Kudos to Richard.

[@ImloyaltoScotlandonly]

Scotlands water is nationalized under the snp thats why we dont vote English labour or any English establishment party in Scotland 😊

[@David-j9h9g]

Love Feargal....for so many reasons...

[@ianbird7444]

How many times is he going saying record amount of investment joke joke joke Kier loves a corruption investigation why doesn't he look at the water companies

[@trevorbenton5956]

What is the financial market and shareholders role in this, should they not be asked to pay their part in this necessary investment??

[@MartinLloyd-w1u]

Answer the f@£(;:: question

[@n28utd]

Absolute robot

[@fintamaria2429]

👏👏👏

[@imtheadamus1979]

Robot

[@Darren-i1w]

Good, water is too cheap in the uk, time to make customers pay for the service

[@robtheplod]

The sewerage has increased due to the millions of new people....

[@crotchet1586]

Only in your head..

[@TobiasStarling]

If politics doesnt result in action, whats the logical next step?

[@Felled-angel]

Pitchforks.

[@dannybeard7005]

Absolute disgrace