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Stephen Hammond MP

Member of Parliament for Wimbledon, Raynes Park, Morden and Motspur Park

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Wimbledon's MP backs measures to tie water company dividends to performance

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Tuesday, 28 February, 2023
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Today Stephen Hammond MP has written to Ofwat, the water company regulator, to support proposed measures to link water company dividend policies to their performance for customers and the environment.

Water companies have not delivered the levels of service expected of them in recent years, and whilst MPs including Stephen Hammond, voted for new restrictions on sewage dumbing as part of the Environment Act, there are steps we can take to incentivise action from the companies sooner.

Stephen Hammond MP said:

"The residents of Wimbledon have been clear that they expect better from Thames Water. They must clean up their act, tackle their pollution urgently and improve their service to customers to provide clean and plentiful water.

I have written to Ofwat to support their proposals to link dividend payments to performance so that we can better hold them to account and improve outcomes for residents.”

ENDS

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Stephen Hammond MP Member of Parliament for Wimbledon, Raynes Park, Morden and Motspur Park

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Promoted by David Jones on behalf of Stephen Hammond, both of 3 Summerstown, London, SW17 0BQ
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