Liberal Democrat MP Sarah Olney renewed her attack on Thames Water in a House of Commons debate last week, accusing the water company of dumping over 72 billion litres of raw sewage into rivers in London since 2020 and accruing billions of pounds of debt.
The House of Commons Environment, Food and Rural Affairs Committee has expressed "real concerns" to Ofwat that its enforcement powers place it in a situation whereby "enforcing regulations and issuing fines against consistently failing entities" will place a further financial burden on the companies and increase the risk of corporate failure.
The Department for Environment, Food and Rural Affairs has quietly amended insolvency legislation to update the Special Administration Regime for water companies in England and Wales.