Water (Special Measures) Bill [Lords]

Rachel Taylor Excerpts

2nd reading
Monday 16th December 2024 Commons Chamber

[Victoria Atkins]

I thank my right hon. Friend. That shows that we on this side can count, unlike the cockeyed accounting of the Chancellor and her Ministers.

In Committee and beyond, the Conservatives will look to deliver an effective limit on water company borrowing. We will boost the way that nature-based solutions can be used in drainage and sewerage management plans, as well as in water storage and tackling pollution. We will also seek to bring back the water restoration fund as an absolute priority.

[Rachel Taylor (North Warwickshire and Bedworth) (Lab)]

Does the right hon. Member think it is acceptable that 90-year-old residents in Fillongley in my constituency go out in their wellington boots at night to deal with flooding in their village because her Government did not invest in local solutions for the last 14 years?

[Victoria Atkins]

Of course the constituents’ experience that the hon. Lady has described is not acceptable. I do not think anyone would say that it was. Sometimes the public are switched off by this back and forth, because the idea that anyone would be content with the experience that she has described is for the birds. The difference that we draw on—I hope we will have a much more constructive conversation about water than this—is that the investment that was made by the last Government in flooding has had many benefits across the country but, as I acknowledged at the beginning of my speech, there is more to be done. That is why we will support the Bill, but we will be looking to improve it.

I just want to make sure that the Minister got the point that I was making. The amendment that came from the Lords to improve accountability on debt levels and on the financial structuring of water companies is a critical one, and I very much hope that the Government will address this and set out their commitment to keep that amendment that the noble Lords saw fit to put in the Bill.

As I say, in Committee and beyond, the Conservatives will look to deliver effective and constructive amendments to this Bill, but I put down this marker. It is surprising—and, I have to say, disappointing—that the Government have failed to grasp that water companies and sewage are just two elements in managing, maintaining and improving our waterways and water quality. Where are the plans for investment in infrastructure? Where are the plans for nature-based solutions? Where are the plans for the roles of other businesses? As we face the likelihood of increased bills being announced this week, what guarantees and reassurances can the Government give to bill payers? And what plans do the Government have to separate foul water and surface water systems? That is a critical infrastructure question that I hope we will get some answers to in the coming weeks. How will the Government encourage investment, particularly given the depressive effects on growth that this Chancellor and her Budget are having on the economy?