Fair enough, I defer to somebody who obviously knows more. I admit I likely conflated several industries anyway ( I believe rail is on a 4% cap). However, there still seems to be questions around the debt, divididends, and asking Government for investment.
Now obviously we live in a country of outrage, and fairly poor reporting, but the reporting does make it seem like we regularly get privatised profits and socialised losses.
https://www.bbc.co.uk/news/business-41152516
https://www.theguardian.com/commentisfree/2013/aug/03/water-...
https://www.ft.com/content/5878de66-9c7d-11e7-8cd4-932067fbf...
Now obviously we live in a country of outrage, and fairly poor reporting, but the reporting does make it seem like we regularly get privatised profits and socialised losses.