- Thames Water Appeal: Company must be put into Special Administration
- Hull leader Mike Ross calls for emergency COBRA meeting in light of North Sea collision
- DEFRA halting incentives another “outrageous” attack on farming communities
Thames Water Appeal: Company must be put into Special Administration
Today, Liberal Democrat MP Charlie Maynard will be appealing the High Court’s judgment on plans that would see an additional £3bn debt added to Thames Water’s existing debt of more than £16bn. Commenting ahead of the appeal, Charlie Maynard said:
Today I am fighting for the 16 million customers who have been left to foot the bill of Thames Water’s mismanagement.
Both Ofwat and the government have buried their head in the sand, as firms such as Thames Water ramp up billions of pounds of extraordinarily expensive debt while continuing to pump tonnes of disgusting sewage into British rivers and seas.
This cannot continue, and the Liberal Democrats will lead from the front and fight to protect customers. The ultimate question is who should bear the costs of the disastrous way Thames Water has been run. The shareholders and creditors who were responsible for making those decisions, or the customers who have had to put up with poor service at extortionate prices.
The solution is obvious. Thames Water must be put into Special Administration, so much of the debt can be written off and the company put onto a stable financial footing.
Hull leader Mike Ross calls for emergency COBRA meeting in light of North Sea collision
Liberal Democrat leader of Hull City Council, Mike Ross, has called for COBRA to be convened in response to the North Sea collision and fuel spill.
It comes following the collision of two ships off the coast of Withernsea, East Yorkshire, with a risk of fuel leaking into the Humber estuary, and the Aviation, Maritime and Security Minister’s update to the Commons.
Ross said COBRA was needed to avoid potential “environmental catastrophe” adding, “It is only right and proper that all available resources are used to try to contain and limit the damage.”