Environment Sec: Nationalisation would cost £100 billion
Video Credit: ODN - Duration: 01:18s - Published
Environment Sec: Nationalisation would cost £100 billion
Environment Secretary Steve Reed has warned the nationalisation would cost £100 billion and slow down efforts to cut pollution.
Mr Reed said it was not the answer, adding: “It would involve years of legal wrangles and during that that time, there would be no investments into upgrading our sewage and water pipes.''
Report by Gluszczykm.
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Environment Secretary Steve Reed has confirmed that water regulator Ofwat will be abolished as part of an overhaul of a “broken” regulatory system. Mr Reed pledged to strengthen regulation, clean up the country’s rivers and protect the public from soaring water bills. The Environment Secretary said: "A single, powerful regulator responsible for the entire water sector will stand firmly on the side of customers, investors and the environment and prevent the abuses of the past''. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Steve Reed has conceded that the bulk of the £104bn of water industry investment which he boasts Labour has attracted since coming to office will come from bill.. Sky News
Environment Secretary Steve Reed says the water regulator Ofwat has “clearly failed everybody,” citing record pollution levels and rising bills. Reed said the government is committed to halving sewage discharges into England and Wales’ waterways by 2030. He called for “a revolution in our water sector” and said a report from Sir John Cunliffe will guide urgent regulatory reform. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The government has announced new regulations that mean six water companies will be banned from paying bonuses to senior bosses. Environment Secretary Steve Reed also spoke about criminal investigations into water companies and private investment into sewage treatment.
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Sir James Cleverly has returned to the Conservative frontbench as Kemi Badenoch announced changes to her shadow cabinet. Addressing the reshuffle during a visit to a housing site, Ms Badenoch said Mr Cleverly is "a very experienced member of the parliamentary party" who agrees with her position on the ECHR. "I wouldn't bring someone into the shadow cabinet if they didn't agree with me," she added. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
James Cleverly has lashed out at the government's handling of the migrant hotel crisis, saying they are "dumping the problem" on local councils. The shadow housing secretary said the government are "living with the consequernces of their complacency and laziness" with regard to border control. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Minister for Legal Migration has admitted she is "concerned" about rising tensions in communities amid ongoing protests. It comes as eight police officers were injured following a demonstration in Epping last Thursday. Seema Malhotra said the government plans on investing "billions" as part of the plan for change to bring investment to "the most deprived parts of our country".
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Cheers erupted at a Croydon fanzone as England’s super-subs struck again to send the Lionesses into the Euro 2025 final. Italy led 1-0 until 19-year-old Michelle Agyemang equalised deep into stoppage time. In extra time, Chloe Kelly fired home the winner on the rebound after her penalty was saved, sealing a dramatic 2-1 comeback win in Geneva. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Reform UK Leader said most of the people protesting in Epping were mums and grandmums. Eight police officers were injured following what started as a peaceful protest outside the Bell Hotel in Epping on Thursday evening. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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