Thames Water

Julian Lewis Excerpts
Tuesday 3rd June 2025

(3 days, 21 hours ago)

Commons Chamber
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Steve Reed Portrait Steve Reed
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I agree. The whole mess we inherited was due to the previous Government letting the water companies get away with it; people were paying themselves multimillion-pound bonuses as they profited from pollution. That ended when the Conservative Government were defeated. We are putting the water companies under tough special measures and we will focus them on serving their customers and the environment, not themselves.

Julian Lewis Portrait Sir Julian Lewis (New Forest East) (Con)
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Does the Secretary of State think that the situation might improve if Thames Water executives were obliged to sign up to performance-related pay?

Steve Reed Portrait Steve Reed
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That is a very interesting proposal. I hope the right hon. Gentleman will suggest it to Sir Jon Cunliffe, who is currently looking at a better way to regulate.