Water Companies: Borrowings Debate
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Lord Grocott
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Water Companies: Borrowings
Lord Grocott Excerpts(2 years, 3 months ago)
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Lord Goldsmith of Richmond Park (Con)
We very much share the overwhelming view of the population of this country that more action needs to be taken to protect not just the health of our waters but the resilience of supply. This goes back to the question asked by my noble friend. But we do not believe that nationalisation is the answer: it would place an enormous financial burden on the taxpayer and would not deliver anything like the level of investment that we have seen in recent years.
Lord Grocott (Lab)
Will the Minister now respond specifically to the question put to him by my noble friend Lord Hain: why is the record in Wales so much better than the one in England?