Richard Burgon

Richard Burgon

Labour — Leeds East

Speaking in the House of Commons on 23 October 2024

Debate

Water Companies: Regulation and Financial Stability

Contribution

My hon. Friend mentions his local water company. People in Leeds and Yorkshire feel ripped off, and it is no wonder, as Yorkshire Water has just announced its intention to increase prices by 35% by 2030. Does he agree that that is a compelling reason why the water companies should be brought into public ownership, so that they can put public service, the public good and environmental good ahead of the accumulation of profits for shareholders?

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