questionText: To ask the Secretary of State for Environment, Food and Rural Affairs, with reference to Ofwat’s correspondence to the Business and Trade Committee of 8 September 2025, what assessment her Department has made of Ofwat's conclusion that the Class A creditor consortium (the London & Valley Water consortium) does not fit the definition of the ultimate controller of Thames Water.
answerText: The classification of Ultimate Controller is a matter for Ofwat as the independent economic regulator. We are reassured that Ofwat have reviewed the matter and will continue to keep the position of Thames Water’s Ultimate Controllers under review.
heading: Thames Water