(1 week ago)
Commons ChamberNo, I am going to carry on and make some progress. You made your point. Let the public—
Order. Mr Lewis, I do not believe I was making a point at all.
My apologies, Madam Deputy Speaker; I should have said that my hon. Friend made his point.
The clock is ticking. The climate crisis is no longer a distant warning. It is our lived reality. Rising droughts, creeping desertification, depleted aquifers, wildfires, systemic collapse—these are no longer projections; they are the forecast turned fact. Preparing for this future and adapting to what is now inevitable has never been more urgent.
The evidence is sobering. The UK’s water resources are under mounting pressure and not just from the climate emergency, but from rising demand and population growth. Experts now project that England could face significant water supply deficits as early as 2034 unless we act decisively. That is not a distant horizon; it is a little over a decade away.
But while the threat has grown, our resilience has shrunk, because while the climate crisis has intensified, our water infrastructure has stood still, or, worse, been sold off, hollowed out and left to rot. In the 35 years before privatisation almost 100 reservoirs were built; in the 35 years since privatisation, not one major English reservoir has been built. But it gets worse, because in that same period private water companies have sold off 25 reservoirs without replacing one. Instead of investing in resilience, they have extracted value: £72 billion paid out in dividends while pipes leak, rivers choke, and the public pays the price. My hon. Friend the Member for Bury North (Mr Frith) asks how we can afford it; how can we not afford it? That is not mismanagement; it is a betrayal. If scientists tell us the climate crisis is an existential threat to humanity and to this country—
Those are the reasons why I have brought forward this Bill. The Government’s Act does none of those things, but my Bill does. Take just one example—
Order. I believe Mr Lewis probably cannot hear interventions, because he is so loud himself. Members should intervene loudly if they wish to intervene.
I did hear the intervention, but I wanted to make some progress.
Take this one example. Under this Bill, if a water company breaches the terms of its licence with a major sewage discharge, it can forget shareholder payout and piling on more debt. If it does it twice, it is in the last chance saloon. After three strikes, it is out—licence terminated and on its bike—and those price-gouging, asset-stripping, river-killing vulture capitalist outfits will be rolled into the sunset without a penny in compensation. What about those water infrastructure assets that they have been sweating for private gain? They go back into the public realm, thank you very much. If they start whining about debts, do not worry: we will do a full audit of what they invested, what they racked up in debt, what they paid out in dividends and what they stuffed into bloated executive pay packets. I will tell you this, Madam Deputy Speaker: I am yet to see a single privatised English water company walk away with anything other than a well-earned spanking and a sharp haircut for its creditors. Those assets will belong to the public once again, and we will not pay a penny more than they are worth.
I can hear people thinking, “Where will the money come from? How will you invest in publicly owned water without the private sector?” I will tell them where it has not come from in these past 35 years—I am mind-reading again.
People talk about whether something can be taken out of public control and put back into privatisation. Of course, Parliament is sovereign and that can always happen, but there is a point about giving control to the public. Let us take the NHS, which is a public service. Any Government in the post-war period could have taken the NHS back into privatisation. Why did they not do so? They would not have dared, because it would have been so publicly damaging and politically destructive. That is what would happen with our water. Does the hon. Member agree? [Interruption.]
Order. May I remind people in the Public Gallery to remain silent?
May I make a more general point? If the Bill went into Committee, we would look at this in far more detail, but a big part of the Bill is about a mission and our direction of travel. It is about tackling the crisis in democracy, and trusting our fellow citizens to give a point of view, with guidance from experts, so that we can make a decision. When the founders of the renaissance or capitalism sat down, did they know that the renaissance would happen, or that capitalism would end up like this? No. This is about heading in a certain direction and having some imagination—
Order. Interventions should be short.
(2 months, 1 week ago)
Commons ChamberBack Benchers are on a four-minute limit.
I refer Members to my entry in the Register of Members’ Financial Interests.
First, I thank EFRA Ministers for the work they have done on this Bill, and for everything they have been doing in working on the consultation. It is quite clear to most of the public that not only is England’s privatised model of water failing, but it is an extreme ideological outlier. It is one of the worst for costs and results. [Interruption.] The hon. Member for Broadland and Fakenham (Jerome Mayhew) is chuntering away in his place. We need a long-term, patient approach, especially given the climate crisis, and that is fundamentally incompatible with privatisation.
(3 months, 2 weeks ago)
Commons ChamberListening to the right hon. Lady and the excuses that the previous Government have made for what they did, it seems that what you were doing was equivalent to polishing one of the many turds that you will find in the Thames. Perhaps you would like to listen to your main electoral competitor, Reform UK, which actually has a policy for public ownership—I was quite surprised to find that out myself. Perhaps you think that that could solve many of the problems in UK waters.
Order. One solution would be not using the word “you”. As an experienced Member, he should know much better than that.