Emma Reynolds

Emma Reynolds

Labour — Wycombe

Speaking in the House of Commons on 16 June 2026

Debate

Thames Water

Contribution

I think there were a number of questions there. As I have said, there is obviously a difference between a special administration regime and nationalisation. My hon. Friend refers to regulatory capital value, and he is right to suggest that the price of any company is a complicated matter, but in the event of a special administration regime, the state would seek to recoup the investment it had made upon SAR exit. Nationalisation would be a different matter.

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