Thames Water
The question
To ask the Secretary of State for Environment, Food and Rural Affairs, if he will take steps with Ofwat to place Thames Water in special administration.
Answered by Emma Hardy
The Government and Ofwat – the financial regulator for the water sector – are carefully monitoring the situation, and Ofwat continues to engage with Thames Water.
The company remains stable, and it would be inappropriate to comment in detail on hypotheticals – however it is important to provide reassurance that the Government is prepared for all scenarios across all our regulated industries – as any government should be.
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