Water Companies: Regulation and Financial Stability

Clive Jones Excerpts
Wednesday 23rd October 2024

(3 weeks, 3 days ago)

Westminster Hall
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Clive Jones Portrait Clive Jones (Wokingham) (LD)
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It is a pleasure to serve under your chairmanship, Mr Pritchard. I congratulate my hon. Friend the Member for Westmorland and Lonsdale (Tim Farron) on securing this debate.

My constituency of Wokingham contains the Thames, the Loddon, the Emm brook and the Ashridge stream—rivers of varying size but equal beauty. The basic role of a Government is to keep their citizens safe and healthy, and protect the environment for future generations, yet the previous Government’s deference to corporate greed ahead of our waterways will remain a stain on their legacy for a long time.

The Rivers Trust put it clearly in its research:

“No single stretch of river”

in Wokingham

“is in good overall health.”

That is a real scandal.

The Conservatives utterly failed: they were unable to get a grip of this issue and allowed the scandal to persist. They provided no accountability or scrutiny to Ofwat—a regulator that has simply not held the worst polluters to account. Meanwhile, as my hon. Friend said, the water companies have paid out dividends of £78 billion, and yet our rivers are in the worst state they have been in for many years.

I welcome the announcement earlier today of a review of water companies, but I remind the Minister that voters in Wokingham and across the country voted for change on 4 July. The review must reflect that; it cannot be business as usual for water companies. My constituents and many others across the country will not accept massively increased bills to bail out water companies that are paying massive dividends to their shareholders.

Chalk Streams: Sewage Discharge

Clive Jones Excerpts
Tuesday 8th October 2024

(1 month, 1 week ago)

Westminster Hall
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This information is provided by Parallel Parliament and does not comprise part of the offical record

Clive Jones Portrait Clive Jones (Wokingham) (LD)
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I congratulate my hon. Friend the Member for Harpenden and Berkhamsted (Victoria Collins) on securing the debate, and I thank her for giving way—as I do my hon. Friend the Member for Newbury (Mr Dillon).

My constituency of Wokingham is blessed with the River Loddon, which flows across its boundaries. It is a rich, biodiverse environment and a reminder of the beauty in our natural world, yet the scourge of sewage discharges persists. Thames Water must make the necessary infrastructure investments to halt its appalling record, but the company’s future is far from certain and those plans may be undermined.

Clive Efford Portrait Clive Efford (in the Chair)
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Order. Can you bring your comments to a conclusion? This is a very short debate, but there are long interventions.

Clive Jones Portrait Clive Jones
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Does my hon. Friend agree that the Government must ensure that these investments proceed, no matter the financial position of Thames Water?

Victoria Collins Portrait Victoria Collins
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Absolutely. These are vital investments that have to go ahead.

Locally, many organisations have worked tirelessly for many years to highlight the importance of precious catchment areas and protect them. From the Chiltern Society, the Ver Valley Society, the Chilterns Chalk Streams Project, the River Colne Catchment Action Network and the Herts and Middlesex Wildlife Trust to local volunteers at Batford springs, Friends of the Bulbourne and the Not Bourne Yesterday project—