(10 years, 9 months ago)
Commons ChamberThen they went back up again, as my hon. Friend remarks. Under the previous Government the water industry was allowed to become 100% mortgaged to make the tax avoidance work. There have been excessive pay rises in the boardroom at a time when hard-working families have not seen substantial pay rises. That has been very hard to justify and people look askance at that.
My hon. Friend wisely talks about infrastructure. One of my concerns regarding the east and south-east of England is that water companies have been extracting water to the detriment of our rivers and not building reservoirs. Indeed, the last major reservoir in the south-east—the Queen Mother—was built 40 years ago. In the meantime, millions more houses have been built, placing more pressure on a valuable resource that tends to come out of the aquifers in the ground.
My hon. Friend makes exactly the right point. In my constituency, in Dover and Deal in east Kent, we depend on the aquifers. There is water abstraction and water stress, and compulsory metering has been in place for some time. We need to look more closely at the national planning and national infrastructure planning aspect, which I am sure hon. Members will raise.
That is true. In some parts of the country we have too much water and in some parts too little. I am sure that at some point someone will raise the need to move water from one place where there is too much of it to another place where there may be too little of it.
We do not need to move water around from one place to another; we need to build more reservoirs such as the Abingdon reservoir, which was spade-ready and then the plug was pulled, if my hon. Friend will forgive the pun. We need to build more reservoirs, not waste money transporting water around the country.
My hon. Friend is a passionate advocate for more reservoirs. Reservoirs are not only important for water storage; they are important places for the angling community. Many hon. Members here are passionate anglers who enjoy fishing, and reservoirs provide an opportunity for that pursuit.