B

Baroness Hayman of Ullock (Lab)

Speaking in the House of Lords on 17 June 2026

Debate

Thames Water

Contribution

I suggest to the noble Lord that the fact that we are talking about removing Ofwat and bringing in a single, more powerful regulator in the water Bill answers his question. It is not just about who the regulator is but about what the regulator’s priorities are: what is it setting for water companies to achieve? There has not been enough investment in infrastructure, and that has been one of the failures of regulation over the past 20 years.

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