Lib Dems Call for Special Administration and Reform of Thames Water in Parliament Debate
Friday, 15 March 2024, 08:00
Exclusive Call for Special Administration
In a significant development for the water industry, the Liberal Democrats are pushing for Thames Water to undergo special administration by the government, leading to potential transformation as a public benefit company.
Advocating for Shareholder Accountability
- Sarah Olney, Treasury spokesperson for the Lib Dems, will emphasize the necessity for the company to be wound up under new legislation, addressing concerns over proposed increased bills and decreased fines.
Overall, the proposed move by the Liberal Democrats aims to pave the way for a fundamental shift in the governance and operations of Thames Water, prioritizing public interest over corporate agendas.
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