You could have done more for the residents of Southampton
I understand from the City Council that they offered to make available sites throughout the site to act as mobile distribution centres but Southern Water did not take up this offer on the Tuesday. Provision was made available in the west of the City on the Wednesday but nothing for the east of the City.
I do believe that Southern Water could and should have done more to make best hermes constance elan replica
supplies available throughout Southampton on the Tuesday. In their most recent published financial statements, for the year to March 31, 2020; Southern Water made a pre tax profit of Therefore, it would not have been an excessive burden for the company to ensure all priority customers had water and that mobile distribution site were available because this would have help reassure residents worried that that the interruption might continue for more than 24 hours.
Southern Water has a monopoly of water supply in the Hampshire area and so as customers, we have no choice but to buy from this operator. A private consortium known as Greensands Holdings Limited owns Southern Water and this includes JP Morgan Asset Management, UBS Asset Management, Hermes Investment Management and Whitehelm Capital. Cheung Kong Infrastructure and The Li Ka Shing Foundation are direct investors. It is also revealing that Southern Water has total assets of and total liabilities of which shows that the company has significant levels of debt that result in very high interest payments. You have to question whether the priorities of Southern Water are too focussed on its privately owned shareholders and creditors and not enough on is customers.
Southern Water given your monopoly position and considerable profitability, I believe you should and could have done more for the residents of Southampton.