Richard Tice MP: speeches 2026

Speeches

• 7 Jan 2026 · Ukraine and Wider Operational Update · Hansard source

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  That is not what he said!

• 7 Jan 2026 · Ukraine and Wider Operational Update · Hansard source

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  You are inadvertently misleading the House—

• 7 Jan 2026 · Student Finance (Review of Payment Schedules) · Hansard source

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  Rubbish!

• 6 Jan 2026 · Energy Transition · Hansard source

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  Could the Minister explain why the Government have rejected a higher bid for the Lindsey oil refinery that would have kept jobs, kept the refinery open and attracted more investment in favour of a lower bid that is destroying jobs, is mothballing the refinery and is against the growth interests that the Government profess? Can he also confirm whether or not the taxpayer is retaining the decommissioning liabilities of the oil refinery?

• 6 Jan 2026 · Future of Thames Water · Hansard source

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  Thames Water is not able to meet its financial obligations. The debt is trading at 5p in the pound. It says it is going to invest £20 billion in the next five years; it does not have the money. It cannot meet its obligations. While all that is going on, it is not repairing or investing in the pipes. It is bust. It is not meeting its obligations. It does meet those criteria, Minister.

• 6 Jan 2026 · Future of Thames Water · Hansard source

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  It is a pleasure to serve under your chairmanship, Mrs Harris. We have heard about Thames Water’s incompetent management of the physical pipes and networks. I want to touch on the mismanagement of its finances: the profit and loss and the balance sheet. In 2007, Macquarie, a big private equity group, bought the company and loaded it up with so much debt that it could not cope. That is why we have ended up with the debt soaring from £6 billion to some £18 billion over the last 15 years or so, while the regulator was completely asleep at the wheel and allowed that to happen. The previous Conservative Government allowed it to happen. We now have a situation in which the debt is trading on the markets at somewhere between 5p and 50p in the pound—in other words, the debt is not worth what the original holders provided. In Thames Water’s recent accounts there are four pages on whether or not the company is a going concern. That basically means it is not. It is effectively bust. As a genuine private company, it is not able to meet its financial or regulatory obligations. It is time to say that enough is enough. In business there is an expression: caveat emptor. The private equity groups, the debt holders and the bond holders knew what they were doing. They were trying to make large private equity returns. That is fine—I believe in free markets—but when they mess it up, they have to pay the price. Now is the time to say to those investors that enough is enough. The last thing we need is for the group to be bought by a substantial Chinese infrastructure group that is already the single biggest owner of all our utilities in the United Kingdom, and that takes over £1 billion in dividends and interest on shareholder loans every single year. No—now is the time for the Government to show some genuine courage and to say that enough is enough. It is time to buy it back for a pound, make the investment that is required, with competent people to stop the outrageous leaks and mismanagement of the physical assets. We will then have a worthwhile water company we can all be proud of.

• 5 Jan 2026 · Venezuela · Hansard source

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  Maduro was an enemy of the west, and while there is disagreement in this House about the means, I think there is much agreement that the Venezuelan people are better off without him. Can I ask the Foreign Secretary to comment more about the constructive influence that the UK and other western allies can have to ensure an early return to democracy for the Venezuelan people?

• 5 Jan 2026 · Agricultural Property Relief and Business Property Relief · Hansard source

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  This partial U-turn on the dreadful family farm tax is partially welcomed by farmers in Boston and Skegness, but where is the Chancellor to come and admit the error of her ways? Jobs have been lost, investment has been slashed and, tragically, lives have been lost by this grief tax. Will the Minister, at the third time of asking, apologise to the farming community?