Thames Water

Jim Shannon Excerpts

Tuesday 3rd June 2025 Commons Chamber

[Mr Speaker]

I call the Member for Strangford—on water, no less.

[Jim Shannon (Strangford) (DUP)]

I thank the Secretary of State for his answers, and for his perseverance on this subject. He will understand that it is disappointing in the extreme to hear that public funding may have to be used to bail out this company. Given that it has some 8,000 British employees and serves 25% of the UK population, Government attention is very urgently needed. What steps will be taken to ensure that this is not money down the drain, to use a pun, and that we instead reconstruct a viable concern that takes a modern approach? Does the Department have a team ready and able to step up and achieve that goal?

[Steve Reed]

I thank the hon. Gentleman for his question. We are ready for every eventuality, and there are teams in place to carry this out. Let me reassure him that I have no intention of using public money to bail out this company; we are looking for a market-led solution to its challenges. I thank him for his kind personal words—we will all keep persevering until we have cleaned up our waterways for good.