Oral Answers to Questions

Debate between Kate Osborne and Thérèse Coffey

Thursday 23rd February 2023 Commons Chamber

[Kate Osborne (Jarrow) (Lab)]

T4.   Jarrow constituents face a rise in water bills from Northumbrian Water—a company owned by Cayman Islands-registered Hong Kong CK Hutchison Holdings. It underspent its budget for repairs by 48%, yet took profits of £2 billion a year, awarded millions to shareholders and pumped sewage into north-east waterways. Will the Secretary of State commit to fining water companies up to £250 million for dumping sewage?

[Dr Coffey]

Northumbrian Water is also the parent company of the water company that services my constituency. I am conscious that dividends were not paid out during covid, but the point stands that we need improved environmental performance from water companies. We are doing that, and it is why we have given Ofwat powers, which they have been consulted on, to link dividend payments to things such as environmental performance. I hope that Ofwat will come forward with final proposals shortly.