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.
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
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.
Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Reform UK will aim to halve crime in five years if the party gets into government, Nigel Farage has announced. Speaking at a press conference in Westminster on Monday, Mr Farage said: “Reform will be the toughest party on law and order and on crime that this country has ever seen.'' Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer was accused of ''balancing the books off the back of children's hospices'' when appearing before the Liaison Committee. The prime minister said his government inherited a broken economy and broken public services. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The government has announced a public inquiry into the Battle of Orgreave - one of the worst days of violence during the 1984-85 Miners’ Strike. Campaigners have long fought for an investigation into South Yorkshire Police’s actions during and after the clashes at the Orgreave Coking Plant in June 1984. Home Secretary Yvette Cooper says concerns “have been left unanswered for decades, and we must now establish what happened.” Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
''The situation on the ground in Gaza is intolerable '' said Sir Keir Starmer, appearing before the Liaison Committee in the House of Commons. The Prime Minister said he is working hard with allies to bring about a ceasefire but it is ''not straightforward'' before a panel of senior MPs. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
England Lionesses hold an open training session in Zurich ahead of Tuesday’s semi-final against Italy at the UEFA European Women’s Championship in Switzerland. Report by Chinnianl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn