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 Lord Bellingham Lord Bellingham Ceidwadwyr 3:18, 1 Mai 2024

My Lords, may I assist the Minister? It is one thing a company paying a dividend if it makes a reasonable profit, but does he not agree that it is completely different if a company is borrowing heavily to pay a dividend? I ask him also to comment on this, because he has not done so yet: we are all for the leaders of these industries being properly rewarded, but they should not be given bonuses when their environmental duties fall short.