I just got my water bill and nearly fainted – all this money in return for what?

Much has already been written about the failure of the privatised water monopolies to invest adequately over the last 35 years; we saw the consequences last year on our beaches and rivers, we saw it again on the Thames at the Boat Race this weekend and no doubt we’ll see it again this summer.

My water bill has now landed for next year with a 14 per cent increase on top of 10 per cent last year. Helpfully, it tells me that nearly 9 per cent of my money will go