L

Lord Katz (Lab)

Speaking in the House of Lords on 29 October 2025

Debate

Water Companies: Private Ownership

Contribution

The noble Lord will be aware there is a high bar for the use of a special administration regime but we have made our preparations and are ready for all eventualities, including applying for such a regime, if necessary. While the company is stable, we have stepped up the preparations. It is clear that if it is in serious breach of its principal statutory duties or an enforcement order is appropriate for the company to retain its licence, we will act. We will make sure that it is not at bill payers’ expense.

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