To ask His Majesty's Government, further to the Written Answer by Baroness Hayman of Ullock on 8 August (HL429), what plans they have to conduct their own analysis on the cost of taking Thames Water into public ownership, and whether they plan to consider alternative calculations from other agencies such as by Moody's Ratings who calculated that the cost would be £14.5 billion.
Answered on
16 September 2024
We have no plans to nationalise Thames Water or other water companies so are not considering alternative calculations on renationalisation. We continue to carefully monitor the situation at Thames Water. The Government is also focused on tackling the public’s immediate concerns to clean up the nation’s polluted waterways and turn around the sector’s performance.