The idea of a "turnaround regime" could be beneficial in forcing struggling water firms to step up their game, but if it means letting them off the hook on penalties, that's just not right. I get where campaigners are coming from - they want companies to make restitution or pay the polluter.
On the other hand, having more transparency and a "MOT for water companies" could really help prevent those massive outages we've seen in Kent and Sussex lately. It's all about finding that balance between giving stability to investors while keeping our water quality high.
I think the government needs to take a closer look at this proposal and make sure it doesn't just shift the burden onto customers or shareholders, but actually does what's best for everyone involved.