(2 days, 10 hours ago)
Lords ChamberI do not really understand the noble Baroness’s logic in thinking that it is going to increase bills. That piece of legislation is to ensure that water companies are better held to account and to drive behaviour change from what we have seen in recent years.
My Lords, I am pleased to say that in Scotland we have water in public ownership. Water rates are generally collected as part of the council tax, and the bands can vary from £155 to £465 per annum. Does the Minister agree that privatisation was the biggest mistake ever made about water? I hope that we can rationalise it throughout the UK in years to come.
There are different forms of water ownership around the world, some privatised, some nationalised and some slightly different. No one system is particularly shown to be efficient or to keep bills down—it depends on how it is run. We are determined to ensure that our water industry is run much better in future.