Bring water companies into public ownership and reinvest profits – Luke Pollard responds to Ofwat bills proposal
Luke Pollard MP, Labour’s Shadow Water Minister, commenting on Ofwat’s proposal that water bills in England and Wales should be cut by £50, said:
“Over the last decade water companies have made billions in profits. But they’ve still put bills up and they allow far too much water to leak from pipes every day.
“The next Labour government will cut customer bills and invest more in climate change mitigation and flood prevention. We will do that by bringing water companies into public ownership and reinvesting profits in lower bills and better infrastructure.”