the world. and by the way, these three islands are not responsible for any omissions, pretty much. to earn money from the companies and help the climate? help the climate? by rolling out a hue help the climate? by rolling out a hu . e fleet help the climate? by rolling out a huge fleet of help the climate? by rolling out a huge fleet of electric help the climate? by rolling out a huge fleet of electric cars - help the climate? by rolling out a huge fleet of electric cars we - help the climate? by rolling out a huge fleet of electric cars we are | huge fleet of electric cars we are not going to stop the hell in a hand cart drive towards climate change that we are on. it might make a difference. that we are on. it might make a difference- difference. you re ignoring my question- difference. you re ignoring my question. what difference. you re ignoring my question. what about - difference. you re ignoring my question. what about those i difference. you re ignoring my- question.
in the free market, lord tyra, says it feels like we live in a rip of economy and the regulators have essentially been captured by the companies they are supposed to regulate. in other words, they pretty much will do what the company is one. do pretty much will do what the company is one. ,, . ., pretty much will do what the company is one. i. ., ., ., is one. do you agree? i don t agree with that. is one. do you agree? i don t agree with that- l is one. do you agree? i don t agree with that. i do is one. do you agree? i don t agree with that. i do have is one. do you agree? i don t agree with that. i do have some - is one. do you agree? i don t agree| with that. i do have some sympathy with that. i do have some sympathy with lord tyraargues that the regulators need to address the things they need to do day in, day out. they need to do a betterjob of explaining what they do, but it is not true to say that they are fully captured by the companies. explain to eole captured by t
question. should be looking towards that tuestion. ., . . should be looking towards that tuestion. . . , ., , ., should be looking towards that tuestion. . . , ., ., question. frances coppola, lord t rie question. frances coppola, lord tyrie also question. frances coppola, lord tyrie also said question. frances coppola, lord tyrie also said a question. frances coppola, lord tyrie also said a statutory - question. frances coppola, lord i tyrie also said a statutory footing on which regulators were set up should be strengthened to place consumers per interest is paramount in law. at the moment it is a statutory responsibility and he wants to strengthen that, would you agree with that? agree with that? yes, absolutely, there is insufficient agree with that? yes, absolutely, there is insufficient focus - agree with that? yes, absolutely, there is insufficient focus on - agree with that? yes, absolutely, there is insufficient focus on the i there is insufficient focus on the rights
pace they are raising borrowing rates. a , pace they are raising borrowing rates. , ,, ., ., rates. mary starks, would you defend the wa the rates. mary starks, would you defend the way the water rates. mary starks, would you defend the way the water companies - rates. mary starks, would you defend the way the water companies have . the way the water companies have been regulated? they have been allowed to borrow billions, much of which has been paid out in dividends to shareholders. to shareholders. water is not my sector, it to shareholders. water is not my sector. it is to shareholders. water is not my sector, it is one to shareholders. water is not my sector, it is one of to shareholders. water is not my sector, it is one of the to shareholders. water is not my sector, it is one of the few - to shareholders. water is not my. sector, it is one of the few sectors i haven t worked in. i do think the problems in water are quite deep seated and they go to the environment that
customers and the rate at which they borrow from ordinary depositors. it s gone up sharply in recent months to 3% although, as you can see, you could argue it s been depressed in recent years and has simply reverted to the historically normal rate. yet leaving that debate aside, the banks regulator, the financial conduct authority which is led by nikhil rathi, did say yesterday that they are not passing on higher interest rates to savers rapidly enough. take privatised water companies. the boss of the water regular, ofwat, david black conceded this week that these companies owners were allowed to extract excessive dividends in the past. and there s now the real possibility of a taxpayer bailout being necessary for at least one of them, thames water. and consumer water bills are going up. what unites all these examples is not only a strong sense of unfairness but also, given this is happening, the question of whether regulation is adequate and whether competition is strong enough to