M

Member

Speaking in the House of Lords on 20 November 2024

Debate

Water (Special Measures) Bill [HL]

Contribution

This amendment will ensure that never again can regulators be unaware until it is too late for them to act of what financial strategies water companies are pursuing. If only they had intervened earlier, water companies could have been prevented from siphoning off huge funds to parent companies and being loaded with debt. I will listen very carefully to what the Minister has to say, but we need to help the water industry to help itself, and for that reason I may need to test the opinion of the House.

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