A word from the Editor

Welcome to February’s GWI. The global water industry continues to perform steadily, if unspectacularly.

However, this is no bad thing in the wake of what the Sunday Times amusingly calls ‘Enronitis’. Equity investors are suffering a turbulent ride as the markets come to terms with the idea that company accounts maybe hiding some nasty surprises.

With the obvious exception of Wessex Water, the water industry seems to have largely escaped the effects of Enron ...

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