'Ofwat Has Failed' Water Bills to Increase by £19 Over 5 Years
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- čas přidán 28. 08. 2024
- Ofwat has announced customer bills are proposed to increase on average by £19 over the next 5 years. Feargal Sharkey tells Kate and Ed that 'Ofwat is to blame and should take responsibility.'
But Senior Director for the Price Review at Ofwat Chris Walters says there will be an investment package in water and wastewater services.
Broadcast on 11/07/24
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#GMB #ofwat #sewage #waterbills #watertreatment
Take our water back from these criminals !
Fergal Sharkey has done fantastic work in highlighting the failures of the water companies and the regulators and keeping it in the headlines.
Ban Bonuses completely until rivers / sea's are cleaned up.
and ban shareholder payouts.
anyway, a bonus should be for hitting a target, if you get it anyway its not a bonus, its part of your salary!
We pay for their greed!!!
And there incompetence
Ofwat needs to be gone ASAP
Then what? Free for all?
Nah. It just needs overhauling and to be given powers that make a difference. I would be quite surprised if he's still in charge of ofwatt in 6 months time. So far it looks like labour intend to change it all. Giving them powers to withhold bonuses and hold CEO s and the like legally responsible individually. I don't know if Labour intend to legislate so that the companies can't just add their fines to our bills but I think that they most definitely should
@@billhowie21 Oftwat more like!
no Ofwat need to get there teeth back and the tory/oligarchy influence removed.
Take water back into public hands. Private owners / shareholders always looking to increase profits which usually means cutting something?
1. Stop allowing dividends. 2. Cut out the bonuses. 3. And maybe nationalize the public water companies.
My question for the media is why did you not report on this over the years.
In Scotland our water is already nationalised. We have no problems at all. This is all Margaret Thatcher's fault. She'd have privatised fresh air if she could.
Feargal sharky should be given a knighthood for standing up and speaking the truth on behalf of the public well done sir ....bravo ! 👏
Time to tell the water companys tough s**t no more money till sewage sorted out
I think the whole point is they need the money in order to clean-up said s**t
@@PJH13The government should penalise shareholders and CEOs, make them cough up what was not theirs to take in the first place. That should help raise some funds.
Also government should take possession of majority shares at an appropriate point in the future with no compensation to shareholders for part taking in this criminal scheme and scam.
@@thecrimsondragon9744 This is a hugely dangerous idea that would make generations of UK citizens poorer. The UK being a safe place to invest, with respect for the rule of law is undoubtedly the most important reason that we are a wealthy nation. Taking shares in a business without compensating owners fairly would a) be illegal under international law b) make companies very reluctant to ever invest in the UK again and c) give license every country where a UK business owns assets to do the same. For example Thames Water is 1/3rd owned by the Canadian public employees retirement fund. Canada is one of our closest allies, how do you think they will react if we try to steal from their pensioners?
Water bill going up by £20 a year and it's breaking news. Rent going up by £300 a year, silence...
My mortgage went from £600-£1100.
Mortgages have gone from 1% to over 6%. Landlords are forced to sell, reducing availability, resulting in higher rents.
my rent went up by £300 a month, that's £3,600 a year. You're absolutely right, water price rise is nothing in comparison :(
Yeah but rent increases are a direct link to immigration
That's a different video.
Personally, I think that everyone should refuse to pay the increase, until the water boards have sorted out the complete and utter mess they have created. All bonuses should be stopped and every outlet should be monitored for any discharge. When and only then should consideration be given to an increase in bills. Oh and the regulator should be sacked for allowing the water boards to get away with their appalling behaviour!
hear hear stop your direct debits to them they will soon turn around
How?
@@fpvDRE Aye and they'll soon turn around and cut off your water.
Dont pay it fullstop i say 🤑
@@jakereevesward4562they can't cut you off. But we do need to start seeing improvements.
SHARKEY, the man, the legend !!!!
You should have let Feargal have at him.
How can it be deemed acceptable to to take a profit from something essential to life itself?
Yes it's a human right the govt pay them we pay again double dipping so I don't pay it as there's no contract and they aren't allowed to turn it off and it's not even water just a chemical mess
imo its harder to tell which is full of more 💩ofwat or the rivers
😂 👏
Ofwat
Bring it back to the public domain let's stop messing about
Or coops
I don't understand why we don't have more coops.
Or not for profits companies.
@@TheWebstaffit should be nationalised and turned into public good organisation
@@TheWebstaff exactly!
There needs to be threat of custodial sentences and proper enforcement - fines just get put on bills. They are a monopoly and eventually need to be brought back into public hands - but not by taking over their debts.
I've worked as an electrical designer on many of these sites.
All the water companies need to do is to make much deeper storm overflow chambers, it's the lack of storm overflow storage that causes the overflows and leaks. In a climate that is getting much wetter in the UK, it's a recipe for disaster if not done! 👍
That and get rid of combined drains.
Good to see the benefits of Tory privatisation working out.
Tory and labour. Blair almost single-handedly privatised a good portion of the NHS. And when the banks failed, it was labours light touch as they called it, that was partly to blame. Thatcher was the ultimate ghoul but Blair comes a close second, and at least thatcher told you what she was doing, Blair just betrayed us.
Keep at them Fergal ,true Legend
Get all our utilities back in house. We are in this mess cos of Thatcher, nobody else. They should never have been privatised😡
Fergal really does have a good ❤....which these days is hard to find....
they shud get prison time!
fergal- top man.
£19 a year? My bill has already increased by £12 a month this year with no change in usage. It's time for a fun phone call, I suspect!
they had one job to protect the consumer and they didnt plain and simple
Daylight robbery !!
The guy just repeats the problems, with a benign smile!
The billions lost to foreign 'investors' in dividends, inflated directors' pay - the revolving door between Ofwat managers who then go to work for Water Companies is what should be looked at.
I would suspect that some, if not most politicians, have shares in these very, very profitable organisations.
Starkey should be on the honors list every time he speaks he makes sense not like ofwat who are in the pockets of the companies
And the evidence you have is ……. ?
Privatisation lol. How on earth should national infrastructure be privatised is beyond me. Tories and business are one and the same. Appalling...the world gone greedy mad basically
Yet again the customer subsidises over rewarded share holders and huge undeserved bonuses for the bosses
the gvt needs to take it away from private sector
He's his family's pride and joy, his mother's little golden boy.
He's my perfect cousin
what with the bonus the bosses get LOL get fked
Billions in investment at no extra cost to customers. Is that not taxpayers money? Where do they think that comes from?
It's a good job I collect my own and dont need to pay for it
Replace the whole organisation of OFWAT with one with a backbone that works for the water users.
Since rail privatization went so amazingly well, I was also expecting the water industry to always place the public first!..... oh wait
Well done. You made him skirm. Is he complicit?
Ofwat is to blame.
Useless, toothless.
Ofwat fine the companies but allow the companies to recoup that by increasing bills. So it's the customers who pay the fines whilst the directors and shareholders get off scott free.
We acted immediately... to ensure that nothing interupted it for the next 3 years.
Meanwhile in Scotland…🏴🏴🏴
People complain about the TV license and are refusing to pay up. Why don`t the public show the same contempt to water charges. Get your priorities in order. Simply refuse to pay these criminals for destroying British Water.
Support Fergal
Big investment.. at bill payers expense.. How is that right. ??
Water is a human god given right.
I’m on a water meter bit of a saving but was told that my water had gone up by 4.8% which they never notified me by how much.
Thatcher's legacy right there. Greed and mismanagement 👍
How many back handers has Chris Walters had.....
Excellent, I'd like to pay more for failure please!
I'm guessing that £19 will go directly to shareholders.
spot on £19x 6000000 customers =£115M just about enough for the shareholders, delay the infrastructure work put that on hold for now, leave that for the next owner
£19 a year? Not really soaring is it
yeah £19 a year for a crapper service carry on paying lol
@fpvDRE how do you know it will be worse? New government should hold these companies to account more.
@@crncrn6370that's it, £19 a year and they sort the problems would be fine.
But I think they need to make it a legal agreement.
If they fail, they hand over the business to become a coop or national owned company.
@@crncrn6370 I think the guy is right. More and more people coming here and theres no investment, no reservoirs being built and more cash going to shareholders. I don't see it improving but happy to be proven wrong
@@crncrn6370 lol it's funny you think that. Governments are all the same and nothing will change, doesn't matter who it is
he said "when information came to light about the seriousness of the sewage spills in 2021"
so someone tell me why they had no idea about the seriousness of the situation in the preceding fifteen years even though he was supposed to be monitoring it?
he and ofwat are a joke. we are paying for his incompetence and the water companies greed and fraud.
Our water in Scotland is nationalised. We don't have any problem.
Well done Scotland don't give in to greed,
Nationalise it
TW dump sewage because its cheaper than processing it, they get a small fine just so ofwat can virtue signal. why would TW not do this, good business sense, and protects dividend payouts to share holders.
Nothing will change until the people wake up
How much of the price increase is going towards bonuses?
we pay for Anglian Water to get all our water cleaned up and pumped back in to the water supply to be re used again
thank you ,
Labour ,
already increasing inflation
Stop playing these polluting money grabbing scammers.
the water should clean there own mess up
well done to TW, can load the company up on debt for day to running, instead of using revenue\income which you cream off in dividends, you get to a state that would bankrupt any normal small or large business, but ofwat step in and just get the public to bail you out. can't really fault TW for being able to get away with this!!!
Scrap Ofwat. Clearly it's a job for the boys.
As a customer, we need protection not Ofwat allowing water companies to do what they want, when they want to include bonuses to the detriment of people.
Reaction to the new measures have been strong.....so far we've spoken to Fergal Sharkey.
A good water company 💧these days is hard to find
Thankyou fergal🙏🏻 l
Nationalise the waterways. Let the government start buying shares.
They have already doubled in the last year they are taking the nick
Why should we pay for their mistakes
A knighthood for Mr Sharkey then hold the CEO of the water company’s to REAL account.
The whole system is corrupt
The dividends must increase in line with inflation.
I'm sorry but Ofwat where waiting for the sewage discharges to 'come to light' defines the problem. Ofwats job is to be checking of these and if they had been doing their job they have the powers to dtop it.
بخصوص مياة الصرف الصحي تحتاجون إلى استخدام الملح والحجر الجبري للحصول على الطهارة الكامله
🤣😂 - the LEGAL migrant workers are to blame
Chris Walters should have his assets frozen whilst investigated for criminal mismanagement and, if found guilty, issued with waders so he can clear up the national foetid environment that he created
All these govt quangos are a waste of money
For what dividends and bonuses
I think it's what the mob calls skimming 🕵♀🕵♀
What a surprise,Nothing ever be any cheaper,More crises under Labour party,They say they get rid of crises
Stop the increases ban the shareholders dividends and ceo,s bonus,s if they go bankrupt so what do not give them any more money the last lot was hand outs in dividends
So i dont pay it theres no contract
I don't understand. My bill went up already this year by a large amount, is this going to be on top of that?
Totally incompetent regular
It won't for me that is for sure, and I will be investing in a water filter system that can take 10 litres of water and turn it into 40 minutes of pure shower water, and with a UV filter later the recycling can go on for even much longer, some say infinite!
Something stinks in OFWAT
Make public pay for greedy companies share holdsrs
I thought Labour were going to nationalise it
Scamming
Only labour will do
This
This is just the beginning
Council tax will also increase
Council tax out of date like the BBC licence
Can we have a proper Ministry for Consumers that actually puts consumers as their number one interest?
sorry 14 years ago
Legalised gangsers don pay the bills
the goverments allowed pumping of raw sewage into rivers and the sea for years it is a goverment fault issue not the water companies, no-one stopped to think of the damage that might be caused, profits for shareholders were the only consideration, it has been people like Edd who are to blame for this enviromental catastrophey.
Who does not like to swim neck deep in benefits of Brexit?
The water companies were privatised in 1989 are you saying you wasn't doing your job for 34 years until 2021 and gave water companies free ride to break the law and licence permits
No it's more like someone loosing there eyesight over time.
OFWATALOADOFBOLLOCKS 😂😂😂
Catherine Ross broke the rules when at ofwat, now running Thames Water.?
So Mr Ofwat you have made literary lots of s💩💩💩 decisions!!
People actually pay their waterbill?