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Utility Week 1st March 2019

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10 | 1ST - 7TH MARCH 2019 | UTILITY WEEK A UtilityWeek c ampaign Analysis R enationalisation, like every other domestic issue, may have been over- shadowed by Brexit but Labour's vision for a new way to run the water com- panies of England and Wales remains very much on its agenda. In any other year, Westminster would have given far more air time to the question of public versus private ownership, which if the opposition were to gain power would herald the biggest shake-up of the water industry in decades. Nevertheless, the political waters have been choppy enough since shadow chancel- lor John McDonnell unveiled his renationali- sation plans at Labour's party conference last September, building on manifesto pledges to bring key utilities – water, energy networks and rail – back into public ownership. Declaring that the water sector would be the first to taste the "biggest extension of economic democratic rights this country has ever seen", far-reaching plans were revealed for a new government-owned model run by local councils, employees and customers. The (future) shape of water The political narrative around how water companies should operate has come full circle – and continues to change. In the latest report for our New Deal for Utilities campaign we look at some alternative options for how water companies of the future might work. Suzanne Heneghan reports. JOIN THE DEBATE Follow our campaign online: www.utilityweek.co.uk on our Twitter @Utility Week and on LinkedIn, #NewDealForUtilities. To share your thoughts or for more details, contact our acting editor: suzanneheneghan@fav-house.com Other proposals about potential future operating models, such as mutualisation, are also gaining traction in some quarters, widening the debate beyond the traditional binary proposition of private versus public ownership. Meanwhile, in a new era of legitimacy and transparency for utilities, existing pri- vatised models are increasingly adapting. South West Water, for example, has pro- posed an element of mutual shareholding as part of its wider ownership base. This changing shape of water is buoyed by what now seems a general acceptance throughout industry that companies must garner more public support, via a greater openness and fairer sharing of rewards. It is a key driver behind our New Deal for Utili- ties campaign, exploring how policymakers and regulators can work with companies to help them forge a new social contract with the public. At the launch of our campaign at the beginning of the year, a survey by Harris Interactive commissioned by Utility Week

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