North West Water Profits
EDM number 1165 in 1994-95, proposed by Greg Pope on 23/05/1995.
That this House notes that North West Water has recorded profits of ú284 million for the last financial year; expresses its concern that this is the equivalent of ú778,000 per day of ú9 per second; recognises that whilst many residents in the North West are hard-pressed to pay their water bills, the shareholders and directors of North West Water are raking in huge profits at their expense; and calls on the Government to initiate a tough new regulatory regime which will ensure that privatised monopolies like North West Water cannot exploit their consumers in this way in the future.
This motion has been signed by a total of 37 MPs, 1 of these signatures have been withdrawn.
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