To ask His Majesty's Government what plans they have, if any, to re-nationalise public utilities to provide water, electricity and gas in instances where there are, in effect, natural monopolies and limited choice or representation for consumers.
Answered on
31 July 2023
The government has no plans to re-nationalise the water, electricity, or gas industries. Properly regulated markets, which incentivise private capital to invest in the energy and water systems, provide the best outcome for consumers and promote market competition as the best driver of efficiency, innovation, and value.
Answered by
Department for Business and Trade