June 2013

07
Jun
2013
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The Severn Trent takeover - corporate profiteering, tax avoidance and Britain's water supply

Severn Trent is the latest water company to be targeted for takeover by a motley group of investment funds. An analysis of their past deals reveals huge profits, meagre tax bills and a seemingly casual approach to ethical concerns. Once again public assets are turned into wealth for the few.