Water Sector: Public Ownership
Debate between Monica Harding and Paul Davies(1Â week, 5Â days ago)
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Paul Davies
I am going to make a little bit of progress. Ash calls for a referendum because, in his words,
“I think people are sick of being told they can’t have healthy rivers and seas, just because powerful financiers want to keep making money from our water bills. Our government is listening to them but not to us, so this is how we stop being victims and start fighting back.”
I appreciate where Ash is coming from—[Interruption.] I will make a little progress; I am conscious of time.
Despite its popularity and the strength of the case behind it, there has been a total failure from successive Governments to consider the merits of public ownership. I believe we have a strong opportunity to rectify that. It is no secret that our politics has undergone significant change in recent months. We now have a Prime Minister, Andy Burnham, who proudly states a commitment to delivering “stronger public control” of essential services. In his first statement delivered to the Commons as Prime Minister, he criticised the political path of the past 40 years, which had taken control away from communities, and cited the water sector
“as a leaking monument to that approach—a country run in the private rather than public interest.”—[Official Report, 1 September 2026; Vol. 790, c. 27.]
I commend the Prime Minister for those words, but words must become action. There are practical steps that this Government can take now.
Monica Harding (Esher and Walton) (LD)
I thank the hon. Gentleman for giving way; he has been very generous with his time. We are being asked to believe that the solution is more complex restructuring, borrowing, negotiations and concessions. However, according to recent reporting, Thames Water will have incurred almost £2 billion in financing costs and restructuring fees over the last 18 months. Meanwhile, my constituents’ bills are going up. Does he think that is fair?
Paul Davies
I absolutely do not think that is fair. That comes to the nub of what we are talking about: the total lack of fairness in how the sector is operated and its impact on all our citizens.
Oral Answers to Questions
Debate between Monica Harding and Paul Davies(2Â years ago)
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Monica Harding (Esher and Walton) (LD)
Paul Davies (Colne Valley) (Lab)