B

Baroness Coffey (Con)

Speaking in the House of Lords on 17 June 2026

Debate

Thames Water

Contribution

My Lords, the action by the Secretary of State in her letter is good. I fully support what she wrote regarding this proposition. Without going back on all the leverage, the main leverage issue on Thames Water happened in 2006. For some reason Ofwat did not follow entirely the strategy policy statement that was set out by my noble friend Lord Gove when he was there, but only for Thames Water. There clearly is an issue in that regard. Would the Minister consider working with her fellow Ministers on changing the geographic reach of Thames Water? The risk is that it is too big to fail when it should not be. Meanwhile, it has shown that it can do projects well, on such things as the Thames Tideway tunnel, which it did in partnership with Bazalgette Tunnel Ltd.

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