It is partly to do with the difference of potential between "true earth" and the PME earth, and partly to do with the potential dangers of a broken suppliers Neutral.
It is not just caravan sites that can be/are problematic with PME for much the same reasons, but Marinas, agricultural buildings for livestock, even domestic outbuildings where extraneous conductive parts are present.
It can be done, however the bonding requirements can become complicated and/or expensive in some cases, and in other cases forbidden entirely in the case of Marinas and caravan pitches.
It is not just caravan sites that can be/are problematic with PME for much the same reasons, but Marinas, agricultural buildings for livestock, even domestic outbuildings where extraneous conductive parts are present.
It can be done, however the bonding requirements can become complicated and/or expensive in some cases, and in other cases forbidden entirely in the case of Marinas and caravan pitches.