South West Water: Brixham Contamination Debate
Full Debate: Read Full DebateRichard Foord
Main Page: Richard Foord (Liberal Democrat - Honiton and Sidmouth)Department Debates - View all Richard Foord's debates with the Department for Environment, Food and Rural Affairs
(7 months ago)
Commons ChamberMy hon. Friend makes extremely pertinent points both on compensation and on speed, which was the point made previously by my hon. Friend the Member for South West Devon (Sir Gary Streeter), and I think both apply. The point about compensation applies particularly to businesses because different businesses are impacted in different ways. The point about speed also applies to the investigation itself, which is why I said earlier that it is really important that South West Water—this is the signal that he and the House are sending it—co-operates fully with the investigation and in a timely manner. I know that local Members of Parliament want to be able to explain to their constituents exactly what the cause was, what the monitoring was and what action was taken, and I am sure that South West Water will have heard my hon. Friend’s points.
In 2022, the Liberal Democrats called for a ban on bonuses for water company bosses if a company has committed criminal breaches. Last year, 10 water bosses received bonuses totalling £2.5 million, and the CEO of South West Water forwent her £450,000 bonus. The Secretary of State said that Ofwat should carry out a consultation to define criteria for a ban on bonuses, but what size bonus does he think the CEO of South West Water ought to receive later this month?
As a Minister, one has to follow the correct legal process, and the legal process for an independent arm’s-length body requires it to have a consultation. As I have said, we are already moving on that; we have already said that we want to ensure that bonuses are not paid where there is serious criminal wrongdoing. What would be more refreshing from the Liberal Democrats is an explanation for why their MPs opposed Thames Tideway, the £4.5 billion scheme that will make such a difference to cleaning up the Thames and has been in place for the past eight years. Not once has the hon. Gentleman come to this Chamber to explain why, having asked so many questions on water, his MPs opposed Thames Tideway and that £4.5 billion of investment, which will do so much to clean up the Thames.