Amanda Scott
speaker
2,179 appearances
4 recordings
1 series
first heard Jan 2026
last heard 25 Feb
Amanda Scott’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in Feb 2026 with 2.
Appearances
So for people listening, I think it's worth saying this is from the Left Foot Forward article.
And they're pointing out customer bills have increased by record real terms.
Instead of investment in sorting out the sewage, companies chose to pay over $85 billion in dividends to shareholders and financed it by borrowing $82.7 billion.
So basically, they just turned themselves into money laundering systems where they borrow money in order to pay their shareholders.
Yeah, they make the money clean and make the river dirty.
Yes, yes, yes.
Very good.
And you were talking about RCV, the cost of public ownership.
So this is saying the government has claimed it would cost 100 billion to bring water industry into public ownership.
A calculation?
Not supported by any academic study or research by credit rating agencies.
The 100 billion is a rolling amount calculated by Ofot, the same people who are funding the citizen science, and is described as regulatory capital value, RCV.
The essential method is to take the RCV at the beginning of a financial year, multiply it by the rate of inflation during the year, add investment during the year and subtract depreciation and capital grants.
This gives the RCV the regulatory capital value at the end of the financial year, which is currently around 100 billion.
which is used to fix prices and guarantee real returns to water company shareholders.
It is fundamentally flawed.
I mean, it's so obviously flawed.
What they're saying is, this is quite amusing, I think, the off-watering government approach leads to nonsensical answers.
Suppose you bought a car in 1989, which is the year the water companies were privatised.
Since then, every year, you multiplied that price by the rate of inflation, added investment and adjusted for depreciation,
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