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Speech in Commons Chamber - Wed 14 Mar 2012
Water Industry (Financial Assistance) Bill

"One concern with the Thames tunnel is that there is so little incentive for Thames Water to have a cost-effective scheme in place because of the nature of the payouts. Many hon. Members will recall that at the outset, the project was to cost £1.6 billion, but we are now …..."
Mark Field - View Speech

View all Mark Field (Con - Cities of London and Westminster) contributions to the debate on: Water Industry (Financial Assistance) Bill

Speech in Commons Chamber - Wed 14 Mar 2012
Water Industry (Financial Assistance) Bill

"I do not necessarily regard the proposals as a scandal, as the right hon. Member for Bermondsey and Old Southwark (Simon Hughes) seemed to suggest when moving his amendment, but I share many of his general concerns about the financial engineering. I say that as the very proud Member for …..."
Mark Field - View Speech

View all Mark Field (Con - Cities of London and Westminster) contributions to the debate on: Water Industry (Financial Assistance) Bill

Speech in Commons Chamber - Wed 14 Mar 2012
Water Industry (Financial Assistance) Bill

"I hope that the hon. Gentleman would agree that this is also a reflection of much higher expectations. We rightly have higher expectations in relation to water quality. It would be wrong to suggest that we have gone in totally the wrong direction, although there are problems with water quality. …..."
Mark Field - View Speech

View all Mark Field (Con - Cities of London and Westminster) contributions to the debate on: Water Industry (Financial Assistance) Bill

Speech in Commons Chamber - Wed 14 Mar 2012
Water Industry (Financial Assistance) Bill

"Does my hon. Friend not accept that legislation is the only mechanism whereby Members can address fundamental issues such as this? Many of us find it quite distressing that Ofwat, as the regulator, is not doing the job that it should be doing in relation to what are fairly high-profile …..."
Mark Field - View Speech

View all Mark Field (Con - Cities of London and Westminster) contributions to the debate on: Water Industry (Financial Assistance) Bill