Debates between Monica Harding and Darren Jones during the 2024 Parliament

Oral Answers to Questions

Debate between Monica Harding and Darren Jones
Tuesday 3rd September 2024

(1 month ago)

Commons Chamber
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Monica Harding Portrait Monica Harding (Esher and Walton) (LD)
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T3. The prospect of the financial collapse of a major utility company such as Thames Water should cause us all grave concern given not only what it would mean for consumers in my constituency and many constituencies like it, but the wider implications it would carry for our economy and the Government finances. Does the Chancellor therefore agree that putting Thames Water into special administration and reforming it would protect not just consumers, including my constituents, but the wider economy?

Darren Jones Portrait The Chief Secretary to the Treasury (Darren Jones)
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Water companies are commercial entities. It would therefore not be appropriate for me to comment on that. It is for the company and its investors to resolve their possible issues.