(2 days, 20 hours ago)
Commons ChamberThe right hon. Lady raises an important point, and that lake sounds very beautiful. Conversations are ongoing with the new devolved Government. She knows that the UK Government support devolution wherever we can. The new Welsh Government have only recently been elected, but I assure her that conversations are happening right now about how we will set things up so that Wales will have a separate regulator from England.
My constituents have been profoundly failed by Thames Water for many years, with frequent leaks and bursts, inadequate investment in our infrastructure, clogged up roads and, to add insult to injury, skyrocketing bills. Thames Water is a failing organisation. Will the Minister confirm that the Government will not accept a proposal to exempt Thames Water from fines for four years? It should be held to the same standards of accountability as the rest of the industry and if it fails, the Government should step in to place it in special administration, with a view to bringing it back under public control.
Again, my hon. Friend is a formidable campaigner on this issue; she has raised it with me on many occasions both in public and in private, and she is absolutely right to do so. Yes, the rules apply to everybody. The previous Secretary of State stood at the Dispatch Box and made that commitment, and I will make it again. Rules apply to everybody, and that has never changed and will never change under this Government. We are prepared and ready for every eventuality if that is needed.