Funds

Funds

Water firms to lose public funds unless they pledge to stop UK sewage spills | Water

Taxpayer money may no longer be invested in water companies that fail to produce adequate plans to stop sewage discharges, after the government accepted a Liberal Democrat amendment.The change to the UK infrastructure bank bill means that once it becomes law, tax receipts will only be able to fund water companies if they produce a costed and timed plan for ending sewage spills into waterways.The new post-Brexit UK Infrastructure Bank is a state-owned development bank designed to help the UK government reach net zero carbon emissions by 2050.Originally, it could...
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