Water Companies: Bankruptcy

(asked on 7th February 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, what recent discussions he has had with Ofwat about water companies at risk of bankruptcy.


Answered by
Robbie Moore Portrait
Robbie Moore
Parliamentary Under-Secretary (Department for Environment, Food and Rural Affairs)
This question was answered on 8th March 2024

The Government and Ofwat take the financial resilience of the water sector very seriously.

Ofwat continues to monitor the financial position of all water and wastewater companies. It sets out its assessment of the financial resilience of each company in its annual Monitoring Financial Resilience report. The Government is prepared for a range of scenarios across our regulated industries - including water - as any responsible government would be.

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