Sewage Pollution: Lakes and Rivers Debate
Full Debate: Read Full DebateLord Watts
Main Page: Lord Watts (Labour - Life peer)Department Debates - View all Lord Watts's debates with the Department for Environment, Food and Rural Affairs
(6 months, 3 weeks ago)
Lords ChamberI will certainly commit to taking the noble Baroness’s suggestion back to the department.
My Lords, have not the regulator and Ministers allowed the water companies to rip off the general public for the last 13 years? Can the Minister guarantee that no water company will be nationalised, and that they will wait for them to be bankrupt and then take them into public ownership?
My Lords, the Government are committed to a system of independent economic regulation and have no plans to bring the water companies into public ownership. Since privatisation, the private water sector model has unlocked around £215 billion of investment and delivered a wide range of benefits, including a fivefold decrease in supply interruptions to customers and a reduction in leakages by one third.