Water Bills: Cost of Living

Part of Oral Answers to Questions — Environment, Food and Rural Affairs – in the House of Commons at 9:30 am on 13 February 2014.

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Photo of Dan Rogerson Dan Rogerson The Parliamentary Under-Secretary of State for Environment, Food and Rural Affairs 9:30, 13 February 2014

That is a very good question from the Whips, but the answer is that the current price review period mechanism was put in place under the previous Government. As I have already set out, prices will be held at the first opportunity, and some companies are reducing them in what remains of this period. We will see savings in the next price review period compared with the prices forecast had we carried on with the price review left to us by Labour.