Proceeding contribution from Barry Gardiner (Labour) in the House of Commons on Tuesday, 11 February 2025. It occurred during Debate on bill on Water (Special Measures) Bill [Lords].
Water (Special Measures) Bill [Lords]
Ofwat has said that it believes that the right level of debt should be 60%, yet it has taken no action against those companies whose level of debt has risen to as much as 80%. Can the Minister assure us that under the Bill, Ofwat will not only have the power to act when companies’ debt levels are too high, but will use it?
Secondary information
- Type
- Proceeding contribution
- Reference
- 762 c195
- Session
- 2024-26
- Chamber / Committee
- House of Commons chamber
- Subjects
- Disclosure of information Accountancy Debts Finance Ofwat Water companies
- Legislation
- Water (Special Measures) Bill (HL) 2024-26
- Link
- View this Proceeding contribution on hansard.parliament.uk
Librarians' tools
- Timestamp
- 2025-09-05 21:32:15 +0100
- URI
- http://hansard.intranet.data.parliament.uk/Commons/2025-02-11/25021143000093
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://hansard.intranet.data.parliament.uk/Commons/2025-02-11/25021143000093
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://hansard.intranet.data.parliament.uk/Commons/2025-02-11/25021143000093