Thames Water must be turned into a public benefit company
EMBARGO: IMMEDIATE RELEASE
Speaking on the £122.7m fine handed down to Thames Water, Lib Dem Environment, Food, and Rural Affairs Spokesperson Tim Farron MP said:
"This is shocking but hardly surprising. Thames Water has been failing for years; failing to invest, failing to maintain, and failing to deliver, and all the while it has been dumping sewage in our rivers and waterways. It has saddled customers with its debts and provided them with shoddy service in the meantime.
"This should be the final nail in the coffin for Thames Water. It needs to be turned into a public benefit company and Ofwat needs to be scrapped and replaced with a real regulator with teeth."
ENDS
Notes to Editor: https://www.bbc.com/news/articles/cgeg5vy9q8eo