- Lib Dems call on Government to block Thames Water bill rises
- 40% increase in hours of sewage dumped by Dwr Cymru last year
- Renters reform: Gove caves in to Conservative MPs as manifesto promise left in tatters
Lib Dems call on Government to block Thames Water bill rises
- The party is calling for a Ministerial intervention to block the proposals which could see customer bills rise by at least 40%
- The Liberal Democrats have also demanded the Chancellor hold an urgent Downing Street summit with Thames Water bosses
Following the news that Thames Water’s shareholders have refused to inject £500 million of funding into the company unless water bills rise by 40% or more, the Liberal Democrats have called on the Government to block these proposals and ensure customers are not on the hook for the firm’s financial negligence.
The calls come after reports revealed that Thames Water is pushing the water regulator, Ofwat, to allow them to introduce large increases to customer bills in an effort to stay afloat.
The Liberal Democrats have also demanded for Chancellor Jeremy Hunt to hold an urgent Downing Street summit with Thames Water bosses to provide reassurance to taxpayers that they will not be liable should the company go bust.
This follows calls made by the party for the firm to be put into special administration and restructured into a public benefit company. This would ensure Thames Water becomes stable again and no longer be reliant on its failing board, forcing it to work in the interest of customers.
Liberal Democrat Treasury spokesperson, Sarah Olney MP said:
Thames Water are a polluting giant which has accrued billions in debt whilst pumping our rivers full of rotten sewage.
Ministers must intervene today and block any attempt by Thames Water to saddle customers with extortionate bill increases. Customers can’t be bailing them out of their own mess.
Jeremy Hunt should also call a Downing Street summit with Thames Water’s bosses to reassure taxpayers they will not be on the hook should the company go down.
Yet all this could still be avoided if Ministers put Thames Water into special administration immediately and reform it into a public benefit company. That’s the best way to ensure this polluting giant will begin working for its customers again.
40% increase in hours of sewage dumped by Dwr Cymru last year
New figures released by the Environment Agency have shown that Dwr Cymru discharged sewage into waterways for a staggering 23,354 hours last year, a 40% increase on 2022.
The Welsh Liberal Democrats are now calling for tougher action against sewage dumping in Welsh waterways.
The party has also called for a halt on bonuses for water company bosses whose firms have dumped sewage into waterways.
Conservative MPs have consistently voted against measures which would have helped to tackle the crisis.