Thames Water Debate
Full Debate: Read Full DebateDepartment: Department for Environment, Food and Rural Affairs
Louie French
Main Page: Louie French (Conservative - Old Bexley and Sidcup)Department Debates - View all Louie French's debates with the Department for Environment, Food and Rural Affairs
(1 month, 2 weeks ago)
Commons ChamberRead Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Emma Reynolds
I think there were a number of questions there. As I have said, there is obviously a difference between a special administration regime and nationalisation. My hon. Friend refers to regulatory capital value, and he is right to suggest that the price of any company is a complicated matter, but in the event of a special administration regime, the state would seek to recoup the investment it had made upon SAR exit. Nationalisation would be a different matter.
Mr Louie French (Old Bexley and Sidcup) (Con)
What assurances can the Government give my constituents across Bexley that the £88 million of investment that is under way in our community to secure our fresh drinking water supply for the next 50 years is not derailed by this Government announcement, which means further uncertainty for Thames Water and its customers?