Thames Water Debate
Full Debate: Read Full DebateCalum Miller
Main Page: Calum Miller (Liberal Democrat - Bicester and Woodstock)Department Debates - View all Calum Miller's debates with the Department for Environment, Food and Rural Affairs
(1 month, 2 weeks ago)
Commons ChamberAs I have said previously, regardless of how the situation develops, the Environment Agency will continue to investigate pollution incidents and take enforcement proceedings against any company involved, including Thames Water.
Calum Miller (Bicester and Woodstock) (LD)
In March, my constituents in North Leigh and Eynsham went without water for nearly three days due to the collapse of a major waterpipe. They are angry that one third of their bill payments go towards Thames Water’s ballooning debt, and to paying vulture funds, like Elliott Associates, instead of maintaining and replacing ageing infrastructure. My hon. Friend the Member for Witney (Charlie Maynard) was right to challenge further borrowing by Thames Water in the Supreme Court. Does the Secretary of State now agree with the Liberal Democrats that Thames Water’s financial model is broken?
As I said in answer to a previous question, through the clean water Bill the Government will seek to ensure that the new water regulator—which will be integrating the functions of Ofwat, the EA, the Drinking Water Inspectorate and Natural England—does not allow companies to get into the sorts of unmanageable levels of debt that we have seen.