Another Offence by England's Privatised Water Companies?

Some of England's privatised Water Companies have routinely boosted their profits by discharging untreated sewage into the rivers and seas. The money was immediately directed to shareholders and as bonuses for Chief Executive Officers (CEOs). Relatively little was directed to the needed fixing of water leaks and improvement of systems. Sadly, it now appears that some of these Water Companies are in financial difficulties (https://www.theguardian.com/environment/2022/oct/19/english-water-firms-finances-concern-interest-rates-rise-big-debts-says-expert). The Water Companies, not being content with only polluting the environment, also mortgaged much of 'their' property. This served to further boost shareholder dividends and provide bonuses/'golden hellos' for CEOs. These same Water Companies are now finding it difficult to pay the dramatically increased interest rates on their loans. This further confirmation that England's privatised Water Companies never existed to provide an essential service. They were mainly created, as money-making devices. Selling off monopolies was never a good idea!