Department for Business and Trade written question – answered at on 31 July 2023.
Lord Hylton
Crossbench
To ask His Majesty's Government what plans they have, if any, to re-nationalise public utilities to provide water, electricity and gas in instances where there are, in effect, natural monopolies and limited choice or representation for consumers.
The Earl of Minto
Minister of State (Department for Business and Trade)
The government has no plans to re-nationalise the water, electricity, or gas industries. Properly regulated markets, which incentivise private capital to invest in the energy and water systems, provide the best outcome for consumers and promote market competition as the best driver of efficiency, innovation, and value.
Yes0 people think so
No0 people think not
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