Tim Farron

I thank the hon. Gentleman for his intervention. I can do maths, so I know there is absolutely no threat whatsoever to the progress of this Bill—I know what the numbers will be, roughly, when and if we divide on this matter. I am not a late convert but an early convert—a convert long before the hon. Gentleman—to the importance of scrutiny. It is therefore important that we make this case: imperfect though this proposal is, it is far better for this House to be given six months’ notice of Ofwat’s intention to allow bonuses than seven days. That is surely better, and that is why we insist as we do. This is Parliament scrutinising Ofwat because of Ofwat’s failure to scrutinise the water companies. That is our simple point. It is why we have proposed much more radical reform throughout this process, including the abolition of Ofwat altogether. It is not the fault of the people who work for the organisation specifically. When regulation of the water industry is fragmented across parts of Ofwat and other agencies, which do not have the necessary powers and resources, the water companies will, of course, run rings around the regulators, and it is our constituents and our waterways—our lakes, rivers and coastal areas—that bear the brunt and suffer.