Lib Dems call for Ofwat to be scrapped
The Liberal Democrats have called for Ofwat to be scrapped and for a new powerful regulator to be created in its place. Report by..
ODN
The Water Services Regulation Authority, or Ofwat, is the body responsible for economic regulation of the privatised water and sewerage industry in England and Wales. Ofwat's main statutory duties include protecting the interests of consumers, securing the long-term resilience of water supply and wastewater systems, and ensuring that companies carry out their functions and are able to finance them.
The Liberal Democrats have called for Ofwat to be scrapped and for a new powerful regulator to be created in its place. Report by..
Water regulator Ofwat has announced that household water bills in England and Wales will increase by an average £31 a year over..