Water Sector: Public Ownership

Richard Quigley Excerpts
Monday 14th September 2026

(1 month, 1 week ago)

Westminster Hall
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Richard Quigley Portrait Richard Quigley (Isle of Wight West) (Lab)
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May I say what a phenomenal pleasure it is to serve under your chairship, Mrs Barker? You are a wonder. As the MP for half of England’s best island, I feel uniquely placed to speak about the state of our water sector. Quite frankly, I think my constituents would never forgive me if I did not use this opportunity to highlight just how unacceptable the situation has become.

Since the 2024 election, there have been 14,902 hours’ worth of sewage in my constituency alone. Across the island, that figure rises to 26,682 hours. It is little wonder that islanders feel utterly frustrated, deeply let down and increasingly sceptical about the idea that the system is supposedly delivering for them or that private companies can be genuinely trusted to act in their best interests.

On the island, we are immensely proud of our 57 miles of UNESCO biosphere-recognised coastline. It is part of what makes the Isle of Wight so special, but it is also why so many islanders find themselves utterly dumbfounded. The Prime Minister received a lot of flak last week for his comments about the damaging impact of the privatisation of the 1980s. The Benches opposite—not the Labour and Liberal Democrat Members sitting there now; I mean the Opposition—mocked those remarks, but not even they could argue that the state of our water industry represents a ringing endorsement of Margaret Thatcher’s privatisation project.

Private equity has become so effective at fearmongering that Governments of all colours are reluctant to challenge the status quo. We hear figures, from companies that see our basic utilities as huge pound signs, that suggest that public ownership would cost £100 billion and would put workers or pension funds at risk, yet evidence from the People’s Commission suggests that public ownership could deliver a much fairer and more sustainable system than the one we have today. That is why we need to stop placing private equity on a pedestal.

Water is not a luxury. It is an essential public service. My preference will always be public control, especially when private companies have blown their chance, measured on performance, investment and public trust, and have resorted to fear stories about the alternatives. Our promise of hope in every heart and growth in every postcode will not feel real or achievable if people cannot do something as basic as trusting the water that comes out of their tap, or safely swimming in the seas that surround them.