Water Industry May Be Added to List of Sensitive Business Sectors, Says Minister
UNITED KINGDOM, JUL 21 – The £104 billion private investment aims to halve water pollution over five years, with costs primarily borne by bill payers, Environment Secretary Steve Reed confirmed.
8 Articles
8 Articles

Water industry may be added to list of sensitive business sectors, says minister
The communications, energy and data infrastructure sectors are all required to notify the investment security unit of certain business deals.
Water sector could face increased investment scrutiny - Business Link Magazine
The UK government is considering adding the water industry to its list of sensitive business sectors, which would subject potential deals to heightened scrutiny. This move comes amid regulatory reforms aimed at addressing financial difficulties faced by key players in the sector, such as Thames Water and Southern Water.
NIGEL FARAGE'S PLANS WOULD BE TWICE AS DAMAGING AS LIZ TRUSS, ENVIRONMENT SECRETARY CLAIMS - London Post
REFORM UK’s spending commitments would cause “twice the amount of damage” to the economy than the Liz Truss mini-budget, Environment Secretary Steve Reed has said. Outlining the government’s plans to reform the water sector, he claimed that Nigel Farage’s proposal to part-nationalise the industry would cost £50 billion. Speaking to GB News, he said: “The water system is completely broken. We’ve got, as you were saying, we’ve got record levels of…
£104bn of water industry investment will come from bill payers, enviro
Steve Reed has conceded that the bulk of the £104bn of water industry investment which he boasts Labour has attracted since coming to office will come from bill payers. In an interview with Sky News, the environment secretary sought to blame the previous Tory government for a string of high profile investors walking away from the sector over the last year. Mr Reed does not accept claims that further threats to jail water bosses and promises to c…
£104bn Of Water Industry Investment Will Come From Bill Payers, Environment Secretary Concedes - Great Yorkshire Radio
In an interview with Sky News, the environment secretary sought to blame the previous Tory government for a string of high profile investors walking away from the sector over the last year. Mr Reed does not accept claims that further threats to jail water bosses and promises to curb price rises have deterred investment. Instead, he told Sky News that “by bringing in the £104bn of private sector investment that we secured at the end of last year,…
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