L

Lord Hodgson of Astley Abbotts (Con)

Speaking in the House of Lords on 29 January 2025

Debate

Thames, Yorkshire and Northumbrian Water: Ofwat Proposed Fines

Contribution

Is the Minster aware that limited liability is a privilege, not a right? If the ordinary shareholders of the water companies are choosing to overleverage the companies with a view to making a profit out of their ordinary shares, because interest is deductible and dividends are not, would it not be a good idea to consider whether limited liability is the right form for shareholders of these companies?

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