(2 years ago)
Lords ChamberThe noble Baroness will be aware of the very strict new conditions set by Ofwat on water companies about how they reward their senior staff and shareholders, and of the absolute imperative, driven by the regulators and the Government, to reduce massively the effect of storm overflows. The letter that Ofwat wrote in October sets out quite clearly that:
“Company plans on storm overflows are lacking”;
there is “insufficient evidence” to support the positions that they have previously taken; and there is a “lack of ambition” and
“a lack of focus and maturity in partnership solutions.”
We are therefore giving them an extra two months, from March to May, to come up with better plans, and we will make sure that they are implemented on the original timescale as the next price review period starts.
My Lords, I shall take a somewhat harder line than the noble Baroness, Lady Jones. When there are repeat offenders, we should not condone them but punish them. Surely the water company heads should be sent to jail, not have a gentle ticking off. Is it a lack of power on the part of Ofwat or a lack of willingness to do something about it? We cannot sit by as beautiful places like Lake Windermere are polluted beyond use.