• AutoTL;DR@lemmings.worldB
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    4 months ago

    This is the best summary I could come up with:


    Ministers must come clean on the secret details of an emergency plan for a taxpayer bailout in the event of Thames Water collapsing, a Liberal Democrat MP has said.

    Sarah Olney will press in parliament this week for details of a behind-the-scenes rescue operation being drawn up for the biggest privatised water company in England.

    Olney wants details of the contingency plans, which are codenamed Operation Timber and being run by Tamara Finkelstein, the permanent secretary at the Department for Environment, Food and Rural Affairs, to be made public.

    “This Conservative government’s refusal to make their contingency plan in the event of Thames Water’s collapse, public, is nothing short of a cover-up,” Olney said.

    Emma Hardy, the Labour MP for Kingston upon Hull and Hessle, said the move reflected “the desperate and perilous situation that the sector had reached, with many companies on the precipice”.

    Water companies on Tuesday announced details of plans to remove 150,000 annual sewage spills by 2030, making nearly 9,000 storm overflow improvements in a £10bn investment over five years.


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