Water

Part of Oral Answers to Questions — Scotland – in the House of Commons at 12:00 am on 9th June 1993.

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Photo of Mr Archy Kirkwood Mr Archy Kirkwood Liberal Democrat Chief Whip 12:00 am, 9th June 1993

Has the Minister considered allowing publicly controlled local water authorities access to private money markets in a way that does not count against the public sector borrowing requirement? That would solve at a stroke the problem to which he referred earlier of the need for capital investment without the ideological difficulties that will be created by privatisation. Earlier, the Minister said that we might get a surprise when the announcement is eventually made. That can only be interpreted as meaning that the Government are abandoning their privatisation plans.