Water Companies: Borrowings - Question

Part of the debate – in the House of Lords at 2:49 pm on 5 September 2022.

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Photo of Baroness Jones of Moulsecoomb Baroness Jones of Moulsecoomb Green 2:49, 5 September 2022

Is there any truth in the report that at least two water companies have needed cash injections and that the Government’s recent sewage reduction plan was a result of those companies’ poor credit ratings?