During a cost of living crisis, we see that Thames Water has gone to court for loan of £3 billion when it already has £17 billion debt, and wants to hike 53 per cent increase on our water bills to fund their dividends to shareholders where a third of customer bill will cover interest payments alone.

Now the full privatisation of water supply & sanitation is an exception today, being limited to England, Chile and some cities in the United States. Furthermore, public ownership is popular with 82 per cent wanting publicly owned water more popular than that of our railways in the UK already undertaken by the Labour government on Rail Operating Companies (ROCs).

Thames Water PLC record in London is pretty awful with a unused desalination plant built after 2008; in particular in W9 where even after Flip kiosks were installed we had flash floods in 2021 and they are a major cause of road roads in Central London as they keep digging holes for themselves.

We really should not permit the socialising of their losses, for it all to be return to them to profit by again in the future. That is the customer is bailing out the privatised water industry for the work they failed to do with the money we gave them before in the first place!

I just wish our MPs, AMs & Labour Groups and Mayor of London to make the case for public ownership similar to mutualization of water facilities by local & regional government in Wales for London as the folding up of Thames Water occurs over the next few weeks, for the residents of all our households in the constituency and beyond.