£104bn of water industry investment will come from bill payers, Reed concedes
Monday, 21 July 2025 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 payers.
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. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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
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
After a summer dominated by criticism over the small boats crisis and asylum hotels, Labour says it's planning to overhaul the "broken" asylum system. Sky News
Education Secretary Bridget Phillipson defended Labour’s deputy leader Angela Rayner over claims she avoided paying stamp duty, insisting Rayner had “followed all of the rules.”
Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
If you want a dissection of whether the £10bn cost of Reform UK's new deportation policy is an underestimate, the analysis that follows is going to disappoint. Sky News
Shadow Crime Minister Matt Vickers criticises the government’s handling of asylum seekers, claiming hotel use has risen and returns have fallen since Labour took office.
Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Oman offers a grace period ending July 31, 2025. Expats can renew visas or exit without fines. Royal Oman Police and Labour Ministry announced this. It applies... IndiaTimes
A "Bharat Bandh" is underway across India today, led by 10 central trade unions protesting the government's new Labour Codes and 17 unmet demands. Essential... Zee News
Cuban government dismissed Labour Minister Marta Elena Feito after she claimed on live television that Cuba had no genuine beggars, sparking public outrage.... IndiaTimes
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![Environment Sec: Nationalisation would cost £100 billion [Video]](https://video.newsserve.net/300/v/20250721/1417176500-Environment-Sec-Nationalisation-would-cost-£100-billion.jpg)
![Government to abolish Ofwat [Video]](https://video.newsserve.net/300/v/20250721/1417152918-Government-to-abolish-Ofwat.jpg)
![Ofwat "failed everybody", says Environment Secretary [Video]](https://video.newsserve.net/300/v/20250720/1417088318-Ofwat-failed-everybody-says-Environment-Secretary.jpg)
![Phillipson defends Rayner over stamp duty claims [Video]](https://video.newsserve.net/300/v/20250831/1421262226-Phillipson-defends-Rayner-over-stamp-duty-claims.jpg)
![Tories say more asylum seekers in hotels under Labour [Video]](https://video.newsserve.net/300/v/20250824/1420607454-Tories-say-more-asylum-seekers-in-hotels-under.jpg)
