Shadow Minister (Environment, Food and Rural Affairs)
Conservative Peer
Conservative Peer
Entered the House of Lords on 25 October 2022
To ask His Majesty’s Government what steps they are taking to ensure that water bills are affordable for consumers.
My Lords, higher government borrowing costs are being imposed by markets questioning the Government’s Budget assumptions, as I discussed in this Chamber on 19 December. Higher financing costs are likely to be passed on to UK domestic companies, including in the water industry. Does the Minister agree that this makes SAOs more likely? Having rejected our amendments to protect consumers from...
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