Ed Davey

Ed Davey

Liberal Democrat — Kingston and Surbiton

Speaking in the House of Commons on 2 April 2025

Debate

Engagements

Contribution

I hope the Prime Minister is able to cut a deal, but I increasingly fear that the deal will not be good enough to avoid a global trade war. That is why one of the options must be to work with our European allies, our Commonwealth allies and others, because if we do not tackle Trump’s tariffs we could be saying goodbye to free trade for a generation. Turning to a domestic matter, three years ago the American private equity firm KKR bought a 25% stake in Northumbrian Water. Since then, people across the north-east have seen their water bills soar, while in the last year alone Northumbrian Water has dumped nearly 1 million tonnes of raw sewage into Durham’s Whitburn coast conservation area. KKR is now poised to buy into Thames Water, because Ministers have ruled out a special administration regime. Will the Prime Minister guarantee that Thames Water will not be allowed to repeat the same trick of putting up bills and dumping raw sewage at the same time? The Conservatives allowed it; he should not.

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