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Water profiteers trouser £800m from windfalls

by Our News Desk

PRIVATISED water companies in England and Wales have slurped up an eye-watering £800 million in tax cuts and low borrowing charges alone since 2010, the National Audit Office (NAO) revealed yesterday.

In a new report published today, the spending watchdog said that — like with every other sold-off industry — households had not properly benefited from the massive windfall.

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