A rejoinder to Midwinter and Simpson : and how their notes raise further concerns about the financing of the water industry in Scotland

Cuthbert, Jim and Cuthbert, Margaret (2007) A rejoinder to Midwinter and Simpson : and how their notes raise further concerns about the financing of the water industry in Scotland. Quarterly Economic Commentary, 31 (3). pp. 49-52. ISSN 0306-7866

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Abstract

In separate notes in the last issue of this Commentary, Midwinter and Simpson attempted to allay concerns we had raised about, respectively, the strategic review of water charges for 2002-06 and 2006-10: (Midwinter, 2006 and Simpson, 2006). Here, we show how their notes do nothing to allay the concerns we have raised, and indeed, in certain respects, give rise to further causes for concern.