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Lord Cryer (Lab)

Speaking in the House of Lords on 4 June 2025

Debate

Thames Water

Contribution

My Lords, I was a London MP for 22 years, and I can say with some conviction that Thames Water was one of the worst and most contemptible organisations I have ever dealt with—and that is up against some pretty stiff competition. Can we scotch this myth that has been put out by Thames Water for years that it has not been paying dividends? It has been paying what are, in effect, dividends to the parent company. Technically they may not be dividends but, in effect, they are. When Thames Water makes these claims, we should call it out for what it is doing: telling lies to the British public.

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