"I completely agree with my hon. Friend. That is what is going on up and down the catchment writ small, with treatment works deferred despite being crucially needed. In Aston, we have sewage running down the street year after year, and it is the same in Standlake. It is just …..." Charlie Maynard - View Speech
"I agree 100%, and that is what is so depressing; by continuing to demonstrate that the regulators have no teeth, we create a bigger and bigger problem for ourselves.
The alternative to a SAR—a deal with the creditors, which, extraordinarily, seems to be the Government’s preferred option at this point—should …..." Charlie Maynard - View Speech
"I will discuss the future of Thames Water, starting with Thames Water’s record of pollution and environmental failure, and how it impacts everyone in my Witney constituency. Thames Water serves the constituency and embodies the systemic failure of the national water sector. Last year, Thames Water pumped sewage into rivers …..." Charlie Maynard - View Speech
"I completely agree, and Thames Water’s full-year accounts are out at 7 am tomorrow morning. We will see just what they tell us. It is going to be ugly, not least because the company’s equity is worthless. The largest equity shareholders wrote down their shareholding to zero value and withdrew …..." Charlie Maynard - View Speech
"Absolutely. The consumers are getting the raw deal, and there is no end in sight.
To qualify as an ultimate controller—it is a defined term—a party need only have material influence over Thames Water. The creditor consortium right now is negotiating bilaterally with the company, and has put in £3 …..." Charlie Maynard - View Speech
Rather than having customers pay hundreds of millions of pounds of debt at ludicrous interest rates of nearly 10%, Thames Water should be taken into a special administration regime, which is commonly known as bankruptcy on insolvency grounds. I urge the Government to pursue a …..." Charlie Maynard - View Speech
"On behalf of my hon. Friend the Member for Bicester and Woodstock (Calum Miller), I thank the Secretary of State for advance sight of her statement. As we have come to expect of all major international summits, NATO’s meeting in Ankara was taken over entirely by Donald Trump’s tantrums and …..." Charlie Maynard - View Speech