Jeremy Corbyn

Jeremy Corbyn

Your Party — Islington North

Speaking in the House of Commons on 13 May 2026

Debate

Debate on the Address

Contribution

I absolutely welcome the Erasmus scheme—indeed, I wanted to retain the scheme during the endless debates on the withdrawal agreement, because I can absolutely see the value of it. I also see the value of overseas students coming to this country; we should be encouraging them, but they are put off by the very high student fees. Something has to be done about that. Many colleagues have brought up issues with the services within our society. The water industry has come up many times. I am a London MP and therefore fall within the purview of Thames Water, whose record is appalling and atrocious at every conceivable level. The water industry as a whole has had more than £70 billion taken out of it in profits and dividends since privatisation. We have had statements by every Secretary of State that I can remember for the past 35 years, saying that they will look at the regulation model to make sure there is proper control of what the water companies do. Yet every year the sewage pouring into our rivers and streams gets worse. The chalk streams are destroyed; the fish on our coastline are polluted and killed. It just gets worse and worse. It is surely pretty obvious that the private ownership model, where the motive is profit, not service, has absolutely failed. We should take the whole water industry back into public ownership. It was public ownership that cleaned it up, it was public ownership that constructed the reservoirs and all the infrastructure, and it is public ownership that will deliver clean water in the future. However, it also needs to be democratic. We should not just have the appointment of a national water company or regional water companies, where the Secretary of State decides who the directors are. We should include the workforce, the local trade unions, the local business community, the local authority—we should make it a matter of community pride to be part of the water industry and the water company.

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