(11 years, 1 month ago)
Commons ChamberVery much so. I and, I am sure, many other Members would argue that Ofwat should have a stronger role as a consumer champion, but that ought to be done within the framework of the national infrastructure we need. My hon. Friend makes a powerful point and I hope he will explore it further during this debate.
Although, clearly, much more needs to be done in the industry to ensure a better balance of risk between the shareholders and the taxpayer, the Government have taken some steps to help in the south-west and we now have a significant £40 million pot from which individual local consumers get £50 each off their bills. Does my hon. Friend agree that the regulators at Ofwat and the Government need to ensure that that is delivered to all residents in the south-west? At present, those who receive benefit through intermediaries—park home owners, for example—do not get that benefit and it cannot be enforced. Does my hon. Friend agree that that needs fixing?
My hon. Friend makes a powerful point, which Ministers will no doubt take on board. This Government have been great in driving a better deal on water for people in the south-west, and they deserve credit for that.
On potential reforms under the Water Bill, we need to consider the extent to which Ofwat needs new powers and whether the Government should include appropriate provisions. Those are important questions.
The previous Labour Government mismanaged the economy and took Britain to the brink. It was not just the economy they mismanaged; they left a toxic legacy of mismanagement in our utility industries, making life difficult for hard-working families. I welcome the fact that the Government are looking at water reform and I wish them well.