Water Companies' Profits Surge in England and Wales: Implications and Analyses

Friday, 15 March 2024, 07:00

Water companies in England and Wales have seen a significant surge in profits since 2019, with a staggering 82% increase in pre-tax profits. These findings, unveiled by the Liberal Democrats, call for urgent measures to prevent companies from prioritizing profit over environmental concerns. This report delves into the financial implications and environmental impact of the profit boost, urging for a reevaluation of industry practices.

https://store.livarava.com/52dc5152-e29b-11ee-9674-5254a2021b2b.jpe — Water Companies' Profits Surge in England and Wales: Implications and Analyses

Water Firms’ Profits in England and Wales Almost Double Since 2019, Find Lib Dems

Water companies in England and Wales have almost doubled their profits since 2019.

During this parliament, which started in 2019, pre-tax profits at water companies have climbed by 82%, according to a Liberal Democrat analysis of Companies House data.

Party to call for measures to stop companies prioritising profit over environment at spring conference. Continue reading...

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Water Firms’ Profits in England and Wales Almost Double Since 2019, Find Lib Dems

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