My Lords, I declare my interest as set out in the register. Thames Water bills went up around 40% to pay for the current AMP cycle. However, the present company structure means that it will not be able to make the investment to meet the targets under the present AMP cycle. Indeed, investment is far …
My Lords, I must apologise to the House. Apparently, Members have to be more specific about their interests. I am a senior shareholder in the Water Retail Company. Are Defra and Ofwat looking at the implications for the non-household sector if Thames Water goes bust?
My Lords, I congratulate the noble Baroness, Lady Sheehan, the chair of the environment committee, on securing this timely debate and raising the issue in Committee this afternoon. I have only recently joined her committee, but I am delighted to join such an excellent scheme under her skilful leader…