Jeremy Corbyn

Jeremy Corbyn

Your Party — Islington North

Speaking in the House of Commons on 3 June 2025

Debate

Thames Water

Contribution

I find it deeply depressing to hear the Secretary of State say that somehow or other there is a market solution there for Thames Water. We have had 35 years of excessive profits, pollution and rising bills. He knows he will have to take Thames Water into public ownership at some point. He quotes this strange figure of £100 billion in compensation, but surely if we took it into public ownership, Parliament would set the price at which we would purchase the company, taking into account excessive profits, pollution, damage and the destruction of so many people’s lives through the way Thames Water has behaved. Will the Secretary of State be tough with it for once and say that water is a human right, and that it should be publicly owned and publicly run?

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