South West Water

EDM number 1346 in 1994-95, proposed by David Jamieson on 04/07/1995.

That this House condemns South West Water for awarding their Managing Director, Mr Bill Fraser, a pay increase of 45 per cent, to raise his salary from ú150,000 to ú217,000; notes that customers of South West Water face the highest bills in the whole country, which have doubled in real terms since privatisation; further notes that South West Water made profits of ú90 million last year, ú30 million of which was paid out to shareholders; and demands that South West Water and the Government take immediate action to prevent further greed and excess by the directors at the expense of water consumers.

This motion has been signed by a total of 49 MPs.