MPs are urging that fines imposed on water companies for polluting rivers must be legally earmarked for river restoration efforts, opposing Treasury's attempt to redirect these funds. Liberal Democrat MP Tim Farron plans to propose an amendment during discussions on the water special measures bill, which aims to secure the £11 million for small charities contributing to the restoration. Environmental advocates express deep concern about losing this funding, emphasizing the importance of fulfilling government commitments to promote healthier river ecosystems amidst broader discussions on managing the collapse of Thames Water, burdened by significant debt.
Fines from water companies must be legally reserved for restoring water quality to ensure the funds are used for their intended purpose, MPs argue.
The Treasury's attempt to control £11 million in fines intended for river restoration has faced criticism from campaigners, calling it an appalling move.
Mark Lloyd from the Rivers Trust warns that abandoning the water restoration fund could seriously damage efforts to achieve natural, healthy rivers.
As the government plans to put Thames Water into special administration, amendments are being debated to protect customers from bearing the financial consequences.
Collection
[
|
...
]