HC Deb 12 July 1988 vol 137 c119W
Mr. Caborn

To ask the Secretary of State for the Environment if he will make a statement in respect of Government policy towards increased foreign investment in private water companies.

Mr. Moynihan

European Community law does not allow discrimination against investment by nationals of other Community members. As a trading nation we do not discriminate against foreign investment, just as we are pleased to see British firms expanding their interests overseas.