(2 days, 16 hours ago)
Commons ChamberThe hon. Gentleman raises an important point, which has been raised in the House before. That scheme was put in place and relates to years when the Conservative party was in government. That scheme would not be allowed today.
Customers were hit with outrageous bill increases last year as a direct result of the previous Government’s failure to ensure that water and sewage pipes were properly maintained over the long term. They deliberately imposed a light-touch approach to regulation that let the system crumble, while investment funding was diverted to line water bosses’ pockets, leaving customers to pay the price. Our powerful new regulator will get a grip on the sector and ensure the regular maintenance of pipes, so that hard-working British families are never again left to pay the price of under-investment and weak regulation.
In Derby, the proposed water bill increases of about 50% will hit people really hard over the next five years. It is a bitter pill to swallow, because at the same time as hiking bills, shareholder dividends are being increased and water companies continue to pollute our waterways. What assurances can the Secretary of State give my constituents that our Government will tackle such hypocrisy head on and, crucially, protect our residents from the water bill increases?
My hon. Friend is right to advocate so strongly for his constituents in Derby at a time when they are experiencing the cost of living crisis, as others are. I thank him for his support in blocking the unfair, multimillion-pound bonuses that were previously paid to water bosses. By ensuring that customers’ money is spent on upgrading the water system, rather than allowing it to be diverted to bonuses and dividends, he is helping to ensure that the bill hikes that resulted from Tory failure will never happen again.
(1 month, 2 weeks ago)
Commons ChamberMy hon. Friend is right to point out that the hon. Member for Clacton (Nigel Farage), by his own admission, has “no idea” and no clue about this issue. My hon. Friend is also right that the proposals are detailed. Sir Jon provided a 450-page report with 88 separate recommendations that we will consult on. When we implement a final version, it will be the biggest overhaul to our water sector in more than a generation. We will reset it from top to bottom, so we have a water sector that works on the side of customers, the environment and investors, rather than the serial failure that we witnessed under the previous Government.
The Derwent runs through the heart of Derby, but thanks to the polluting water companies and the Tories, its health is in serious doubt. Can the Secretary of State reassure my constituents that this Labour Government are committed to taking the robust action that is desperately needed to restore the river and preserve it for our communities to enjoy safely?
The state of the River Derwent is, alas, similar to many other rivers, lakes and seas up and down the country. That is why we are launching a water revolution today to completely reset the water sector from top to bottom so that the failings of the past can never happen again.