Jess Brown-Fuller

Jess Brown-Fuller

Liberal Democrat — Chichester

Speaking in the House of Commons on 23 October 2024

Debate

Water Companies: Regulation and Financial Stability

Contribution

I absolutely agree with my hon. Friend that we should invest in fixing our existing infrastructure, rather than shipping over large quantities of water, which I am sure is not financially stable. A company outside the water industry operating in that manner would not be able to get away with it, so why can Southern Water and other water companies? The development of the Havant Thicket would affect not only my constituency, but 18 constituencies across the south of England. Furthermore, it will create a national blueprint for all water companies. The project will cost a staggering £1.2 billion, without any comparable investment in waste-water management, which is sorely needed. To be clear, I am not opposed to new reservoirs. Portsmouth Water is bringing forward the first reservoir that this country has delivered in 30 years. While public confidence in water companies and the methodology of investment is at an all-time low, however, it is hard to have faith that that company will deliver the project without an impact on residents’ water bills in future. Southern Water’s plan to invest in a huge experimental project as a way to offset its debt is not a sustainable financial model. Few scandals illustrate the failure of the previous Government as clearly as the state of our rivers and seas. With 3.6 million hours of sewage dumping recorded last year, the system is rigged. It is time to transform this irresponsible industry into an accountable service that truly delivers for the public and the environment.

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