Another significant aspect of Glas Cymru is that it has been able to reduce its gearing and is now paying off its debts, whereas the debts of water companies elsewhere are geared to between 85% and 95% of their value. Glas Cymru’s debt is now down to about 65%. That is another dividend for the Welsh people.
Wales Bill
Proceeding contribution from
Hywel Williams
(Plaid Cymru)
in the House of Commons on Monday, 12 September 2016.
It occurred during Debate on bills on Wales Bill.
About this proceeding contribution
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614 c654Session
2016-17Chamber / Committee
House of Commons chamberSubjects
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2020-04-14 17:04:30 +0100
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