Neither should any other utility!

I would take it a stage further, ALL Utilities should be kept not only in UK hands but state controlled. It all started back with the Wilson government when they stupidly auctioned off the North Sea oil & gas fields at ridiculous low prices. Norway maintained control of it's oil fields and reaped the benefit for the country, not as the UK who took the easy option which instead just wanted to be tax collectors.
Use the BoE as an example, would we dream for one minute of selling of the BoE to be run by a contractor or foreign company? So, why do we allow our utilities be run the same way?

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