Liberal Democrats in Business

News and views from the Lib Dem Treasury, Trade and Industry Teams and the Liberal Democrat Business Forum

Thames Water shouldn't escape fine for leaks - Huhne

9.10.00am BST (GMT +0100) Tue 4th Jul 2006

Commenting on the news that Thames Water has escaped a £140 million fine from regulators Ofwat, Liberal Democrat Shadow Environment Secretary, Chris Huhne MP said:

"Ofwat is playing patsy again. Thames Water has pushed the water rate through the roof while its service has gone through the floor. It deserves a firm whack to its profits as well as a mandatory rise in investment.

"If Ofwat lets Thames Water get away with this, every other water company is going to be queuing up to take advantage of its customers in the same outrageous manner."

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[Previous news story]: Government shows disregard for the post office - Mulholland (Tue 4th Jul 2006).
[Next news story]: Action needed over nuclear safety fears - Howarth (Wed 5th Jul 2006).

Related News Stories:

Tue 17th Oct 2006:

[£8bn Thames Water Sale Highlights OFWAT's Failure - Huhne]

Wed 26th Jul 2006:

[THAMES WATER CUSTOMERS BEING BADLY LET DOWN - HUHNE]

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