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Proceeding contribution from Andrew George (Liberal Democrat) in the House of Commons on Tuesday, 24 April 2007. It occurred during Adjournment debate on Water Bills (South-West).


Water Bills (South-West)

My hon. Friend would agree that when South West Water was set up—this applies to many other such companies—a risk-free money extortion system was created for those receiving dividends as shareholders of the company. They could predict the dividends that they would accrue at the end of the year, and the comparison should be made with the poverty of the people who have to pay the bills. This situation will continue and will perennially be a problem unless a Government intervene and provide better regulation to give customers a better deal.


Secondary information

Type
Proceeding contribution
Reference
459 c248WH 
Session
2006-07
Chamber / Committee
Westminster Hall
Subjects
Coastal areas Beaches Ofwat Pollution Prices Regulation Water charges Sewage Water supply South West Water South West
Link
View this Proceeding contribution on www.publications.parliament.uk