Sunday, 10 June 2012

Keep Scottish Water public

It seems that Willie Rennie has jumped on the Maggie Thatcher privatisation bandwagon, albeit 20 years late. He is urging the Scottish Government to privatise Scottish Water, claiming that the money raised would create 100,000 new jobs. Basically his argument is that the public coffers would benefit by £1.5bn, which could be used on infrastructure projects, and Scottish Water would be able to borrow on the open market to fund its infrastructure improvements. Er - wouldn't it better just to leave things as they are? Has privatising utility companies really brought us the benefits we thought it would? Calton thinks not. Thankfully the Scottish Government also thinks not and plans to keep Scottish Water in public ownership.

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