Thames Water Debate
Full Debate: Read Full DebateEmily Thornberry
Main Page: Emily Thornberry (Labour - Islington South and Finsbury)Department Debates - View all Emily Thornberry's debates with the Department for Environment, Food and Rural Affairs
(1 month, 2 weeks ago)
Commons ChamberQuite simply, I do not want customers to pick up the bill for the repeated failures of Thames Water, but I hear the hon. Gentleman’s concerns about uncertainty, and I would like to see this situation resolved.
If Members google “Caledonian Road”, which is in my constituency, they might think it is a river, but it is not. Over the past decade, Thames Water has delivered to Islington seven major floods. Since privatisation, it has delivered to shareholders £7 billion. Last year, it delivered to my constituents a 31% increase in water rates. Residents are fed up, businesses are fed up, I am fed up, and I am sure that the Government are fed up. How much more do we have to take before Thames Water is finally given the boot?
My right hon. Friend is absolutely right to emphasise the appalling record of Thames Water, and the impact that it is having not just on her constituents but on businesses in her constituency. As I have said, there are two different options for a special administration regime, and we remain open to all eventualities.