HC Deb 05 April 1995 vol 257 c1286W
Mr. Wilson

To ask the Secretary of State for the Environment what estimates he has made of the proportion of profits obtained by the privatised water industry which have been(a) retained for investment in its core business, (b) distributed to shareholders and (c) invested in businesses other than the provision of water and sewerage services. [18561]

Mr. Atkins

This information is published in the annual reports and accounts of the individual water companies.

Mr. Wilson

To ask the Secretary of State for the Environment what assessment he has made of whether the Regulator of the Water Industry has adequately protected the consumer interest; and if he will make a statement. [18562]

Mr. Atkins

The Director General of Water Services, Mr. Ian Byatt, has a statutory duty to ensure that the functions of water and sewerage companies are properly carried out and that they are able to finance these functions. He must also protect customers' interests, promote economy and efficiency and facilitate competition where appropriate. Mr. Byatt has carried out these duties successfully and effectively.