Privatised Utilities (Regulation)

Part of Oral Answers to Questions — Trade and Industry – in the House of Commons at 2:22 pm on 12th July 1995.

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Photo of Richard Burden Richard Burden , Birmingham, Northfield 2:22 pm, 12th July 1995

Does not the Minister recognise the frustration among the British people who regularly see more and more excesses in the privatised utilities? Today's news about the water industry and share options is just the latest example, but the Government say that they have nothing at all to do with them. When they were forced to listen, they set up the Greenbury committee which offers no guarantee that anything will be done. When will the Government accept that they have a responsibility to enforce decent standards in this area, and when will they establish a regulatory mechanism that puts the consumer first and does not fudge matters in the way that the Government have done?