A double dip for new contract gains

David Lloyd Owen reviews the new edition of the Pinsent Masons Water Yearbook and finds difficult financial markets make it an unlucky thirteenth for the private sector.

If 2010 marked a hearty bounce-back from a weak year in 2009, this year has seen the number of new people served by private water companies fall again – between January and October 2011, just sixteen contracts covering an extra 10 million people had been identified.

Allowing for the usual ‘contract identification lag’ – especially in the Far East – a final figure ...

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