Government claims that it would cost more than £100billion to return the crisis hit water industry to public ownership have been labelled a “lie”. Environmentalist and former frontman of The Undertones Feargal Sharkey disputed the figure, which has been used by ministers, insisting most debt ridden suppliers would be bankrupt if the cost of all the repairs and other vital work needed were taken into account. “The £100billion is complete and utter nonsense,” he told the Mirror . He said the