Submitted by greatdevonhope t3_z917pq in worldnews
autotldr t1_iyekgfi wrote
This is the best tl;dr I could make, original reduced by 94%. (I'm a bot)
> Foreign investment firms, private equity, pension funds and businesses lodged in tax havens own more than 70% of the water industry in England, according to research by the Guardian.
> The complex web of ownership is revealed as the public and some politicians increasingly call for the industry to be held to account for sewage dumping, leaks and water shortages.
> The research reveals at least 72% of the industry is controlled by firms in 17 countries, while UK firms own 10%. Ownership of 82% of the water industry was traced overall.
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