The risks and costs associated with mutualisation on the Welsh model would not be acceptable here in Scotland.Over the past eight years, with the formation of Scottish Water, the implementation of four-year investment programmes, and the introduction of greatly improved regulatory arrangements and new responsibilities set down in legislation, significant progress has been made towards overcoming the legacy of chronic underinvestment that damaged the water and sewerage industries in Scotland under Conservative Governments in the 1980s and 1990s. Out-of-date...