New legislation to improve performance of companies in the public interest

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New legislation to improve performance of companies in the public interest

Petition Details

Pass a bill to make water, energy and transport companies invest a set amount in infrastructure before paying out shareholders. Introduce a new performance index that they must surpass before profits can be taken out of the companies, or consumer prices can be raised.

Additional Information

Water - nearly half a million sewage spills last year, and water bills have increased

Energy - Record profits during the energy crisis, government intervention to help pay energy bills, with the tax payer footing the bill while shareholders get big bonuses.

Transport - Awful infrastructure and soaring costs to the public whilst shareholders can take profits out of the companies instead of making the service more reliable.

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