Have you watched “Dirty Business” on Channel 4? It tells the story of over 30 years of profiteering by the owners of our privatised water companies and back-covering by those who should have been regulating. And nothing’s changed as this week several areas have been without water due to burst, antique mains and ‘increased demand in hot weather’, who knew? Everyone should watch this, and it should make everyone with investments think carefully about what their money does and what it supports. You can’t invest in, or avoid investing in a Thames, Southern or most other Waters as they’ve all been bought, sold and bought again by overseas banks and sovereign wealth funds. But if you choose a ‘Positive Impact’ portfolio, you can be pretty sure that your investments will not just avoid the nasties, but seek out the goodies. Ethical, sustainable investments never went away, we’ve always tried to champion them; and news of a ‘comeback’ of any kind has to be welcome.
Budget Rumours and Possibilities
The Budget Rumour Machine is not the shambles it was last year. Before Rachel’s Swansong all sorts of stuff was leaked to see what sort of puddle it would create.
