THAMES WATER AND TAX

As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.

This is an amendment to an existing motion

This motion was originally tabled by Robert Halfon on 12 June 2013. This is amendment number 1.

View details of the original motion

Suggested amendment

at end add 'and that proposals be brought forward to take the whole water industry into public ownership.'.

Original motion text

That this House is disappointed that Thames Water, despite having an annual turnover of £1.8 billion, making a £549 million profit and awarding its chief executive a bonus of £274,000 in the last financial year, did not pay any corporation tax due to paying off debts to holding companies; notes that Thames Water increased its customers' bills by 6.7 per cent last year; further notes that Thames Water plans to increase water bills by a further £80 this year to pay for the Thames Tideway Tunnel; believes that Thames Water's 13 million customers should not pay more for water bills to make up for its bad financial management; and calls for Thames Water to pay tax on the real value of its profits, to stop bonus payouts until then, and for profits to be handed back to consumers for lower prices.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.