<p>We can all look the same picture, but what you make of it depends on who you are. Kate Lamble attempts to untangle the financial engineering that underpins parts of the water industry.</p><p>Reported and presented by Kate Lamble Producer: Elle Scott Sound Design: Andy Fell Executive Producer: Joe Kent Commissioning Executive: Tracy Williams Commissioning Editor: Dan Clarke</p><p>Rinsed is a BBC Studios production for BBC Radio 4</p>