B

Baroness Grender (LD)

Speaking in the House of Lords on 28 April 2025

Debate

Thames Water: Bids

Contribution

My Lords, does the Minister agree that the Government must protect future bill payers from past mismanagement and a debt that should clearly sit with the vulture funds and bond holders who have in effect asset-stripped Thames Water, leaving it without proper investment and vulnerable to repeated environmental hazards and therefore in strong danger of being in breach of its own statutory duties? Surely the only way to protect those bill payers is by putting it into special administration.

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