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EDM (Early Day Motion) 1761A3: tabled on 06 November 2018

Tabled in the 2017-19 session.

This motion has been signed by 1 Member. It is an amendment to an existing motion.

This is an amendment to an existing motion

This motion was originally tabled by Alex Sobel on 26 October 2018. This is amendment number 3.

View details of the original motion

Suggested amendment

at end add 'with an independent regulator as in Scotland and Wales with fair market compensation paid to shareholders protecting pensioners and workers.'.

Original motion text

That this House recognises the great strength of public anger at the behaviour of England's private water companies; notes that contrary to the claims of the water industry, a recent paper published by Greenwich University's Public Services International Research Unit has found that private water shareholders have benefited from £56 billion in dividends, funded through £51 billion of debt, which customers are paying for through their bills, and that private funding is not necessary to cover the English companies' operating costs, interest and capital investment; congratulates the publicly owned Scottish Water on its successful operation for the last 16 years, and for saving their customers £42 per year on average compared to English bills; recognises the sustained campaign for public ownership of water headed by We Own It and backed by Compass, GMB, Unite, UNISON, the New Economics Foundation and the Transnational Institute this past summer; further recognises the potential for a publicly owned water industry in the UK to reduce bills, leaks and pollution, and to improve our cities and waterways; eagerly anticipates modern, democratic and participatory public ownership of public services; and calls on the Government to bring the English water companies into public ownership as soon as possible.

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.

There are no withdrawn signatures for this amendment.