Steve Reed

Steve Reed

Labour (Co-op) — Streatham and Croydon North

Speaking in the House of Commons on 3 June 2025

Debate

Thames Water

Contribution

I beg to slightly correct my hon. Friend. Special administration is not nationalisation and nationalisation would cost in excess of £100 billion—money we would have to take away from other public services to hand to the bosses of the water companies who caused this mess in the first place. I do not think taxpayers would welcome that.

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