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Southern Water Urges Conservation Amid Rising Profits

5/8/2025

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Summary

Story summary

Southern Water's managing director, Tim McMahon, has called on the public to conserve water during the sweltering heat, even as the company profits from selling 35 reservoirs. Since privatization in 1989, the lack of new reservoirs has resulted in substantial water loss and soaring bills. Studies indicate that returning to public ownership could save the UK a staggering £5 billion each year.

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Story summary

Southern Water's managing director, Tim McMahon, has called on the public to conserve water during the sweltering heat, even as the company profits from selling 35 reservoirs. Since privatization in 1989, the lack of new reservoirs has resulted in substantial water loss and soaring bills. Studies indicate that returning to public ownership could save the UK a staggering £5 billion each year.