Alpha: an early version. Promise cards are checked by two editors and by AI Journalist, our automated reviewer. Become an editor

LedgerGov.UK
← All promises
Angela EagleLabour PartyHousing & environment

Lift limits on government shares in water companies

“The Prime Minister announced on 29 September that the strengthened Water Bill will remove the current limits on Government ownership of shares in the major water and sewerage companies in England.”

PromisedWritten ministerial statement, 12 Oct 2026
  1. Promised

Where it stands

The Prime Minister announced the change on 29 September 2026; the Environment Secretary repeated it to Parliament on 12 October. She says it lets the government act where water companies let customers and the environment down, and that the government still relies on private investment. A ten-year plan due later this year is to set out stronger public control of the water sector. The card moves to legislated when the Water Bill becomes law with the change.

What has happened

  1. Oct 2026The Environment Secretary says the Water Bill will remove the limits on government ownership of shares in the major water and sewerage companies in England, Promised

About the cost

Lifting the limits costs nothing by itself; buying shares would, and no figure has been published.

More detail

Sources (1)
How cards are checked

Status follows the promise standard, the same for every party. A status changes only on evidence. Anyone named on a card can reply, and replies are published next to it. AI Journalist is our automated reviewer: it re-reads every card against its live sources (the quote word for word, dates, evidence, status, cost, neutral wording, legal risk). Two editors also check every card against its sources and approve it.

Every promise in Housing & environment