The Socialist 20 January 2016
Unite the fightback

Unite the fightback: Coordinated strikes needed
United workers' action can save NHS
Water firms' £1.2bn in profit off human need
Political policing: Met spy targeted socialists
Trident debate: socialist programme needed
Housing crisis reaches level of 1960s
Civil service: £1bn on consultants
Outrageous attacks on Corbyn for 'sexism'
1986 Wapping strike - Defeat of the print unions
People's Budget meeting success
Carmarthenshire Unison campaigns against council cuts
Unite the Union local government committee votes for no-cuts budgets
Preparing a no-cuts people's budget
Momentum and democracy in Hackney and beyond
Angry Labour meeting puts councillors under fire
Gateshead carers oppose respite centre closures
Celebrating Eleanor Marx's birthday
Nationalise Tata to save steel jobs!
Tube workers to strike again to defend jobs and conditions
Reinstatement victory for John Vasey
Shop workers lobby council against Sunday opening
USA: Fight the billionaire class!
China: Financial turmoil spreads fear across global markets
Northern Ireland: Defy anti-abortion laws
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Link to this page: https://www.socialistparty.org.uk/issue/885/22055
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Water firms' £1.2bn in profit off human need
Laurel Fogarty
By overcharging customers, private water companies in the UK have raked in profits of over £1.2 billion over the last five years.
Ofwat, the water company regulator, consistently overestimated suppliers' costs when setting price limits, allowing them to trump up water bills. This increase has hit the poorest households hardest.
Water bills now cost up to 5.3% of the annual income of a low-earning household, compared to 2.3% in better off households. In the UK, water prices have risen 40% above inflation since privatisation in 1989. The dire effects of privatising the water supply, one of our most basic human necessities, are clear.
The effects of swingeing funding cuts to municipally run water systems in other parts of the world are also grave. As ordinary people in the UK are overcharged by greedy corporations, ordinary people in Flint, Michigan in the United States are dying.
Lead poisoning, headaches - and an outbreak of Legionnaires' disease that has killed ten members of the public. This happened after an unelected official switched the city's water supply to the polluted Flint River to save money.
Abuses
These abuses highlight the crucial importance of taking the necessities of life into public ownership. They also show the need for democratic planning for the good of society, not corporate profits.
In Ireland, a mass campaign against the attempted introduction of water charges is being led by the Socialist Party. Over 57% of the country has boycotted water bills as elections loom.
When workers mobilise behind clear socialist demands, we can win results.
In this issue
Socialist Party news and analysis
Unite the fightback: Coordinated strikes needed
United workers' action can save NHS
Water firms' £1.2bn in profit off human need
Political policing: Met spy targeted socialists
Trident debate: socialist programme needed
Housing crisis reaches level of 1960s
Civil service: £1bn on consultants
Outrageous attacks on Corbyn for 'sexism'
Socialist history
1986 Wapping strike - Defeat of the print unions
Socialist Party reports and campaigns
People's Budget meeting success
Carmarthenshire Unison campaigns against council cuts
Unite the Union local government committee votes for no-cuts budgets
Preparing a no-cuts people's budget
Momentum and democracy in Hackney and beyond
Angry Labour meeting puts councillors under fire
Gateshead carers oppose respite centre closures
Celebrating Eleanor Marx's birthday
Socialist Party workplace news
Nationalise Tata to save steel jobs!
Tube workers to strike again to defend jobs and conditions
Reinstatement victory for John Vasey
Shop workers lobby council against Sunday opening
International socialist news and analysis
USA: Fight the billionaire class!
China: Financial turmoil spreads fear across global markets
Northern Ireland: Defy anti-abortion laws
Socialist Party comments and reviews
Home | The Socialist 20 January 2016 | Join the Socialist Party
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Pimlico Academy protests: "Run by racists for profit"
London bus drivers continue walkout
Social care: End privatisation and let workers decide how it's run
Socialist Party national meeting: Perspectives for socialism after the elections
Big Energy piles on the misery
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