Thames Water
(asked on 4th September 2024) - View Source
Question to the Department for Environment, Food and Rural Affairs:
To ask the Secretary of State for Environment, Food and Rural Affairs, if he will take steps with Ofwat to place Thames Water in special administration.
Answered by
Emma Hardy
Parliamentary Under-Secretary (Department for Environment, Food and Rural Affairs)
This question was answered on 13th September 2024
The Government and Ofwat – the financial regulator for the water sector – are carefully monitoring the situation, and Ofwat continues to engage with Thames Water.
The company remains stable, and it would be inappropriate to comment in detail on hypotheticals – however it is important to provide reassurance that the Government is prepared for all scenarios across all our regulated industries – as any government should be.