Thames Tideway Tunnel Debate
Full Debate: Read Full DebateLord Bradshaw
Main Page: Lord Bradshaw (Liberal Democrat - Life peer)Department Debates - View all Lord Bradshaw's debates with the Department for Environment, Food and Rural Affairs
(11 years, 7 months ago)
Lords ChamberDoes my noble friend believe that the people who privatised our utilities expected that within 10 years they would be in the hands not only of foreign administrations and foreign countries but actually of the Governments of those countries? We have denationalised here and renationalised from abroad. Surely the regulator should get a lot tougher on these people who are making absolute fools of people who have to subscribe increasing sums to the maintenance of essential services.
My noble friend makes a fair point, my Lords, but we believe in free capital markets.