Written question asked by Lord Hylton on Monday, 17 July 2023, in the House of Lords. It was due for an answer on Monday, 31 July 2023. It was answered by Earl of Minto (Conservative) on Monday, 31 July 2023 on behalf of the Department for Business and Trade.
Utilities: Nationalisation
- Question
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To ask His Majesty's Government what plans they have, if any, to re-nationalise public utilities to provide water, electricity and gas in instances where there are, in effect, natural monopolies and limited choice or representation for consumers.
- Answer
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The government has no plans to re-nationalise the water, electricity, or gas industries. Properly regulated markets, which incentivise private capital to invest in the energy and water systems, provide the best outcome for consumers and promote market competition as the best driver of efficiency, innovation, and value.
Secondary information
- Type
- Written question
- Reference
- HL9399
- Session
- 2022-23
- Subjects
- Nationalisation Utilities
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2023-11-20 11:13:22 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2022-23/HL9399
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2022-23/HL9399
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2022-23/HL9399