Water Companies

Caroline Nokes Excerpts

Monday 8th June 2026 Commons Chamber

[Emma Hardy]

I think the shadow spokesperson managed to read his statement out without actually listening to the answer that I have given. But I am always keen to update everybody on the action we have already taken, so just in case he missed it, I am happy to say it again. We have passed the Water (Special Measures) Act 2025; ringfenced customers’ money so that it cannot be diverted away from investments; secured £104 billion of private investment to upgrade our infrastructure; given the EA more powers to monitor water companies; banned unfair bonuses; introduced criminal liability for water bosses; introduced automatic penalties; reduced the burden of proof for many offences so that regulators are on the front foot; introduced cost recovery to shift the cost of pollution on to those who pollute; banned the sale and supply of wet wipes; reformed our bathing water regulations; established the water delivery taskforce; more than doubled compensation for customers when things go wrong; and introduced strengthened protections for vulnerable households through reforms to the WaterSure scheme. In fact, I would say that we have done more in 20 months than the hon. Gentleman’s Government did in 14 years.

[Madam Deputy Speaker (Caroline Nokes)]

I call the Chair of the Environmental Audit Committee.

--- Later in debate ---

[Emma Hardy]

I thank my hon. Friend for his work as Chair of the Environmental Audit Committee. He is right to highlight the under-investment in infrastructure. In fact, some of the problems around resilience are, quite frankly, due to the under-investment in infrastructure, which is why we need to set resilience standards. He is also right that we need to see action resulting from higher bills, which is why we formed the water delivery taskforce to hold the water companies to account for the promises they have made on delivering infrastructure.

On the point about having an integrated regulator, at the moment Ofwat looks at things financially, the Environment Agency looks at the environment and the Drinking Water Inspectorate looks at drinking water. By abolishing that and bringing the regulator into one, we will have an integrated regulator that places the environment, customers and—what has been missing for the last 14 years—public health at its heart, which is incredibly important. Finally, I agree with him about debt levels; that was one of the things in the Sir Jon Cunliffe commission.

[Madam Deputy Speaker (Caroline Nokes)]

I call the Liberal Democrat spokesperson.

[Charlie Maynard (Witney) (LD)]

Thames Water, which serves my constituency, embodies the systemic failures of the sector. The company is in breach of its licence conditions by not having held any investment grade credit ratings for nearly the last two years and by failing to inform Ofwat and the Government of the change of control at the company. The Government have stood by and let that happen. Now, their only plan is to hand the company over to the very same creditors who have pillaged, and continue to pillage, it. They must now change course, put Thames Water into special administration and bring it out as a business that is mutually owned and operated in the interests of its customers and the environment.

I find the shadow Minister’s words extraordinary—he comes across as a corporate shill. I have provided him with information from Thames Water’s own independent expert that demonstrates that the cost to the Government will be zero in the medium term, but he has not responded. Will the Government please now put the company into special administration?