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Lib Dems unveil plan to turn water firms into 'public benefit companies'

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The party says it would force firms to put the environment before profits, as political pressure over bills and quality grows.

The "lawless" water industry must be forced to put the environment before profits, the Lib Dems have said.

It comes as the UK's biggest water firm Thames Water is in talks to secure funding as it faces collapse. Sir John Armitt, chairman of the National Infrastructure Commission, said 40% was "probably not unrealistic".

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From privatisation to profits: How providing clean water became a murky businessFury over sewage, leaks and supply problems - amid a backdrop of soaring profits and pay packets for firms - have fuelled calls for reform of the water industry.
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