Water Companies: Borrowings

Debate between Lord McLoughlin and Lord Goldsmith of Richmond Park

Monday 5th September 2022 Lords Chamber

[Lord Goldsmith of Richmond Park (Con)]

I am not convinced that the record in Wales is significantly better than the one here. A report today, which I am surprised has not been brought up yet, showed a worrying increase in pollution in areas of this country. But, in every case that has been reported, to my knowledge, that is a consequence of our having put record investment into monitoring in a way that we never did before. There were problems that were not captured but they are now, reflecting a significant increase of the problem and greater justification for the actions that we know we need to take. But I do not think that we should pretend that a problem is new because we have just discovered it; it has been there for a long time.

[Lord McLoughlin (Con)]

My Lords, is it not a fact that, between 1997 and 2010, the then Labour Government decided not to change the way the water authorities or boards were managed because of the record levels of investment going into the industry, as my noble friend pointed out? He told us what has been going in since privatisation, but has he any figures for the level of investment when the water boards were still under the control of the Treasury?

[Lord Goldsmith of Richmond Park (Con)]

My noble friend makes an important point. Although I do not have the numbers at the tips of my fingers, it is very clear that the record levels of investment would not have happened had the sector not been privatised. We would not see anything like that level of investment if we were to renationalise the sector. Of course we care about the manner in which executives are paid, incentivised and all the rest of it, but that is why we are now able, as a consequence of the Act that noble Lords voted through, to require total transparency through Ofwat for the first time, in a way that has been lacking until now.

Davies Commission Report

Debate between Lord McLoughlin and Lord Goldsmith of Richmond Park

Wednesday 1st July 2015 Commons Chamber

[Mr McLoughlin]

I thank the hon. Gentleman for his points. I take it that there is no division whatever in the SNP on Sir Howard’s proposals, although I may wait a little and see how the debate develops. The hon. Gentleman is right about regional connectivity and the slots needed by Scottish airports and other airports that have lost them, and I hope we can address that. I want to reflect on that point while considering the whole report.

[Zac Goldsmith (Richmond Park) (Con)]

It is disappointing to hear the Opposition dismiss the concerns as being about the internal problems of a political party. Heathrow is already the biggest noise polluter in Europe, and increasing that by 50% will only make the problem worse.

The Airports Commission raises air quality as an issue. My view is that there is not a single air quality expert or organisation anywhere in this country or Europe, or indeed the world, who believes we can reconcile Heathrow expansion with any air quality targets. If that is the case, I presume that the Government’s decision is very, very easy?

[Mr McLoughlin]

I am not entirely sure that I agree with my hon. Friend that the decision is very easy, but he has been very open in the points he makes, the way in which he has campaigned and his own position on Heathrow expansion. He will be able to make those representations in the same way that other Members may make other representations.

Transport Infrastructure

Debate between Lord McLoughlin and Lord Goldsmith of Richmond Park

Tuesday 17th December 2013 Commons Chamber

[Mr McLoughlin]

I note that the hon. Gentleman is now speaking from the Back Benches about a subject on which he used to speak from the Front Bench. When he was on the Front Bench, I challenged him to tell us, if his was such an easy solution, what proposals he would support. He was unable to answer that question from the Front Bench, but perhaps he will be able to do so from his more privileged position on the Back Benches.

[Zac Goldsmith (Richmond Park) (Con)]

I note the answer that the Secretary of State has just given, but does he not accept that no serious political party can go into the next general election without a clear opinion on an issue that matters to so many people and so many businesses in this country? That is simply not a credible position for any party to have.

[Mr McLoughlin]

I know my hon. Friend’s views on this matter, and I know that he fights passionately on behalf of his constituents. However, I think it right for us to try to obtain an answer that is, as far as possible, based on good evidence and good research. That is what the commission is doing, and it will report by the summer of 2015.

Oral Answers to Questions

Debate between Lord McLoughlin and Lord Goldsmith of Richmond Park

Thursday 29th November 2012 Commons Chamber

[Zac Goldsmith (Richmond Park) (Con)]

5. For what reasons summer 2015 has been set as the time by which the independent commission on aviation chaired by Sir Howard Davies must publish its final report.

[The Secretary of State for Transport (Mr Patrick McLoughlin)]

It is vital that the commission has sufficient time to carry out a thorough investigation of the options and build a consensus on its long-term recommendations. The timetable has been set to allow that to take place.

[Zac Goldsmith]

This looks very much like an attempt to kick the issue into the long grass until after the election. My message to the Secretary of State is that uncertainty for three years, and probably another three years for planning, is not only bad politics but bad for the economy. I urge him please to ensure that next year’s interim report provides real clarity on the Government’s preferred solution so that communities, businesses and, of course, voters can plan accordingly.

[Mr McLoughlin]

I am not going to predict at this stage what will be in the interim report of a commission that has only just been set up. They will not be the Government’s recommendations; they will be those of the commission. I hope that the commission has been drawn widely enough to attract cross-party support.

Oral Answers to Questions

Debate between Lord McLoughlin and Lord Goldsmith of Richmond Park

Thursday 18th October 2012 Commons Chamber

[Mr McLoughlin]

No.

[Zac Goldsmith (Richmond Park) (Con)]

British pilots in my constituency are concerned that EU proposals on pilot flight time limitations will weaken the current rules and that, as a result, flying will become less safe. Instead of lowering our standards to harmonise with the EU, should not the EU be raising its standards to harmonise with ours? Failing that, will the Department at least explore with the British Air Line Pilots Association additional safety measures to cover those areas that would otherwise see standards drop?