PARLIAMENTARY DEBATE
Thames Water: Financial Viability - 20 March 2025 (Commons/Commons Chamber)
Debate Detail
Contributions from Clive Jones, are highlighted with a yellow border.
Clive Jones
Wokingham
10:05:00
Steve Reed
The Secretary of State for Environment, Food and Rural Affairs
I am of course having conversations. I can reassure the hon. Gentleman that the company remains stable, and that the Government are closely monitoring the situation.
10:05:00
Clive Jones
Data published this week in The Guardian revealed that 50% more raw sewage was discharged by Thames Water last year than in the previous 12 months. Thames Water is racking up billions of pounds of expensive extraordinary debt, while continuing to pump tonnes of sewage into our rivers. Despite bold targets and kind words, there is simply no action on cleaning up our rivers. What will the Government do to improve Thames Water’s performance?
Steve Reed
The Government are taking steps to improve the performance of all water companies, including through the Water (Special Measures) Act 2025, which I spoke about earlier. Sir Jon Cunliffe is leading a review of the entire sector, so that we can reform regulation and, if need be, the regulator, to ensure that they are fit for purpose.
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