Nationalizing UK Water Companies Will Only Result In Higher Bills

There are few more revolting images than human faeces streaming into Britain’s rivers and seas. Not just the stench, but also environmental damage and closed beaches. The ongoing sewage debacle has driven righteous anger with Britain’s privatised water companies and the imposition of large fines. But the situation may not be so simple.

These “storm overflows” prevent an even worse fate during heavy downpours: poo flowing back into people’s homes and onto streets. It’s also not easy to solve. Increasing the treatment…