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 share the hon. Gentlemen’s anger that the public have been left to pay the price of Tory failure over 14 years. One of the first things I did when I was appointed Secretary of State was get the water company chief execs into my office, seven days after the election. I got them to commit to ringfencing customers’ money that is earmarked for investment, so that it can never again be diverted to pay bonuses and dividends in the way that it was under the previous Conservative Government.

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