§ Lord Nugent of Guildford
asked Her Majesty's Government:
What progress they have made with plans to privatise the water authorities.
§ Lord Elton
Our consultations on privatising the water authorities have shown that, while preparations for their privatisation are well under way, more time is needed to prepare the necessary legislation. We have therefore concluded that we are unlikely to be able to introduce the Bill next Session.
I understand further powers may be needed to enable water authorities to prepare themselves for privatisation.
I reaffirm the Government's intention to proceed with water privatisation as soon as practicable.