Water Companies: Licence Conditions - Question

Part of the debate – in the House of Lords am 3:18 pm ar 1 Mai 2024.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of The Earl of Devon The Earl of Devon Crossbench 3:18, 1 Mai 2024

My Lords, given the increasing regulatory and compliance burdens on water companies due to the Environment Act and such other essential recent legislation, is it not simply becoming unprofitable to invest in the water industry, which surely will make nationalisation at some point inevitable?