David Reed

David Reed

Conservative — Exmouth and Exeter East

Speaking in the House of Commons on 16 December 2024

Debate

Water (Special Measures) Bill [Lords]

Contribution

The hon. Gentleman mentioned 2015, so let me return to the point I just made: these problems did not happen overnight. He will know that the Liberal Democrats were in coalition with the Conservatives until 2015. The previous Government took decisive action to hold water companies accountable, linking performance to shareholder payouts, banning bonuses for water bosses responsible for serious breaches, and empowering regulators to impose unlimited financial penalties on polluters. Those actions laid a solid foundation, and it is important to note that many elements of the Bill mirror work already undertaken by the last Government. For example, the confiscation of bonuses from water company executives responsible for pollution is already in motion under existing frameworks. Many measures outlined in the Bill were already being implemented and do not require primary legislation. To make real, lasting improvements, we need a more wide-ranging strategy, and I hope the Government will listen carefully to constructive criticism, because my constituents in Exmouth and Exeter East, like so many others, deserve nothing less. As I have emphasised, we are committed to collaboration on this issue, to ensure that we make vital progress on limiting water pollution.

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