Thames Water

Josh Fenton-Glynn Excerpts

Tuesday 3rd June 2025 Commons Chamber

[Steve Reed]

As I am sure the hon. Gentleman is aware, there are procedures to follow that would require any regulated company to go into special administration. As things stand, Thames Water remains stable and there is a market-led solution on the table. We expect Thames Water to follow through on that.

[Josh Fenton-Glynn (Calder Valley) (Lab)]

This is another example of the previous Government’s failure to get a grip of our water system. Meanwhile, just last week this Government fined Yorkshire Water £350,000. My constituents are really upset to see their water bills going up. Can my right hon. Friend assure me that he will never let our national infrastructure get as bad as those on the Conservative Benches did?

[Steve Reed]

Absolutely; we intend to clear up the mess the previous Government made. The fine that my hon. Friend refers to—indeed, there have been others—is the result of the additional criminal investigations we have launched, which follow on from the additional resources we have given the regulator so that it can investigate what is going wrong and then take action. What a difference between this Labour Government, who are putting our water companies under special measures, and the previous Government, who let them get away with it and line their pockets.