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 is primarily responsible for setting limits on the prices charged for water and sewerage services, taking into account proposed capital investment schemes (such as building new wastewater treatment works) and expected operational efficiency gains. The most recent review was carried out in 2014; reviews are carried out every five years, and thus the next will take place in 2019.
Ofwat consists of a board, plus an office of staff which carries out work delegated to them by the board.
Ofwat was set up in 1989 at the time when the 10 Water Authorities in England and Wales were privatised by flotation on the stock market. The resulting companies are known as "the water and sewerage companies"; this distinguishes them from around a dozen smaller companies which only provide water services, which were already in private hands in 1989 (having remained in private ownership since their creation in the nineteenth century). The water only companies provide water to around 25% of the population in England and Wales.
What does it mean to ‘be Ofwat’? Watch our animation giving a flavour of what it’s like to work in Ofwat, what we expect from our people and what we offer in return.
published: 20 Jul 2016
Nick Robinson grills Ofwat CEO over bonus payouts to water company executives | The Today Programme
Water bills in England and Wales are set to rise by an average £94 over the next five years, the water regulator Ofwat has said.
But who will pay for executive bonuses?
Ofwat CEO David Black tells #R4Today and Nick Robinson the organisation's 'focus is on protecting customer interests'.
-------------------------------------------------------------------------------------------------------------------------
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Fresh on BBC Sounds playlist...
published: 11 Jul 2024
Former Graduate Imogen talks about working for Ofwat
Description
published: 30 Oct 2017
Ofwat & ODI - What is open data?
What is open data? Lisa Allen, Head of consultancy for data programmes at The Open Data Institute tells us more in this video. Find out more about Ofwat's #OpenData discussion paper and join the #H2Open conversation on our website.
published: 29 Oct 2021
'Ofwat Has Failed' Water Bills to Increase by £19 Over 5 Years
Ofwat has announced customer bills are proposed to increase on average by £19 over the next 5 years. Feargal Sharkey tells Kate and Ed that 'Ofwat is to blame and should take responsibility.'
But Senior Director for the Price Review at Ofwat Chris Walters says there will be an investment package in water and wastewater services.
Broadcast on 11/07/24
Stream Good Morning Britain live, every weekday from 6am on the ITVX 📲 http://daytimelink.itv.com/WatchGMBYT
Subscribe now for more! http://bit.ly/1NbomQa
Like, follow and subscribe to Good Morning Britain!
The Good Morning Britain YouTube channel delivers you the news that you’re waking up to in the morning. From exclusive interviews with some of the biggest names in politics and showbiz to heartwarming human interest stories and unmissabl...
published: 11 Jul 2024
Thames Water boss and ex-Ofwat head refuses to apologise for letting companies increase debt
The joint chief executive of Thames Water has refused to apologise for allowing water companies to increase their debt during her time as chief of Ofwat, the water regulator.
Subscribe to Guardian News on YouTube ► http://bit.ly/guardianwiressub
Cathryn Ross's comments came during a parliamentary committee session with Thames Water bosses as concerns mount over the financial viability of the company. Thames Water has secured £750m of emergency funding from its shareholders but the debt-ridden company warned it would need further funding in the years ahead.
The Guardian publishes independent journalism, made possible by supporters. Contribute to The Guardian today ► https://bit.ly/3uhA7zg
Sign up to the Guardian's free new daily newsletter, First Edition ► http://theguardian.com/first-e...
published: 12 Jul 2023
Ofwat Graduate Development Programme 2022
As the economic regulator of water and wastewater in England and Wales, our role is to enable, incentivise and hold water companies to account for providing the very best for customers, society and the environment now and in the future. Our Graduates are part of that future! Our jam-packed 2-year Graduate Development Programme provides the opportunity to develop your skills whilst working together to deliver of our ambitious strategy and improving life through water.
Applications are now open until 23.55 on Sunday 13th March 2022.
published: 14 Feb 2022
How does Ofwat perform an enforcement investigation?
Director of Enforcement, Sally Irgin explains Ofwat’s approach to enforcement investigations
published: 11 Oct 2019
Jacob talks about being an economist at Ofwat
• Opening up the market
• Getting the right result for the customer
published: 19 May 2016
Talking on Water with Rachel Fletcher, OFWAT | British Water
Our fourth instalment of 'Talking on Water' is with Rachel Fletcher, CEO, OFWAT.
British Water is committed to leading the way in collaborative, innovative, future thinking. The Thought Leadership Series 'Talking on Water' focuses on drawing out insight and knowledge from Key Influencers in the water industry. The interviews are hosted by British Water CEO, Lila Thompson.
00:45 - Final Determinations
02:05 - Stretching Targets
03:44 - Water Companies & the Challenge of Locality
05:35 - Joint Challenges
06:48 - Funding & the Supply Chain
09:06 - Benchmarking
10:13 - Collaboration & Competitive Tension
12:45 - Innovation
14:25 - Shared Learning
18:15 - Culture Change
18:52 - Better Together
23:21 - Cross Sector Engagement
25:20 - Tomorrow's Global Future
27:54 - The Value of Water
What does it mean to ‘be Ofwat’? Watch our animation giving a flavour of what it’s like to work in Ofwat, what we expect from our people and what we offer in re...
What does it mean to ‘be Ofwat’? Watch our animation giving a flavour of what it’s like to work in Ofwat, what we expect from our people and what we offer in return.
What does it mean to ‘be Ofwat’? Watch our animation giving a flavour of what it’s like to work in Ofwat, what we expect from our people and what we offer in return.
Water bills in England and Wales are set to rise by an average £94 over the next five years, the water regulator Ofwat has said.
But who will pay for executive...
Water bills in England and Wales are set to rise by an average £94 over the next five years, the water regulator Ofwat has said.
But who will pay for executive bonuses?
Ofwat CEO David Black tells #R4Today and Nick Robinson the organisation's 'focus is on protecting customer interests'.
-------------------------------------------------------------------------------------------------------------------------
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News playlist: https://youtube.com/playlist?list=PL4Z-TOtZ0iINCsLpZTLaLSW8Ylz8zyIJH&si=2SGC8IuH-93BcLrc
Fresh on BBC Sounds playlist: https://www.youtube.com/playlist?list=PL4Z-TOtZ0iIMjIcANQ9ScCDCmN6PE5GP3
-------------------------------------------------------------------------------------------------------------------------
#Ofwat #Politics #Water
Nick Robinson grills Ofwat CEO over bonus payouts to water company executives | The Today Programme
We are BBC Sounds. The home of binge-worthy podcasts, music curated by music lovers and live radio.
Water bills in England and Wales are set to rise by an average £94 over the next five years, the water regulator Ofwat has said.
But who will pay for executive bonuses?
Ofwat CEO David Black tells #R4Today and Nick Robinson the organisation's 'focus is on protecting customer interests'.
-------------------------------------------------------------------------------------------------------------------------
Subscribe and 🔔 to BBC Sounds YouTube: https://www.youtube.com/c/bbcsounds?sub_confirmation=1
Listen to the full episode here: https://www.bbc.co.uk/sounds/brand/b006qj9z
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News playlist: https://youtube.com/playlist?list=PL4Z-TOtZ0iINCsLpZTLaLSW8Ylz8zyIJH&si=2SGC8IuH-93BcLrc
Fresh on BBC Sounds playlist: https://www.youtube.com/playlist?list=PL4Z-TOtZ0iIMjIcANQ9ScCDCmN6PE5GP3
-------------------------------------------------------------------------------------------------------------------------
#Ofwat #Politics #Water
Nick Robinson grills Ofwat CEO over bonus payouts to water company executives | The Today Programme
We are BBC Sounds. The home of binge-worthy podcasts, music curated by music lovers and live radio.
What is open data? Lisa Allen, Head of consultancy for data programmes at The Open Data Institute tells us more in this video. Find out more about Ofwat's #Open...
What is open data? Lisa Allen, Head of consultancy for data programmes at The Open Data Institute tells us more in this video. Find out more about Ofwat's #OpenData discussion paper and join the #H2Open conversation on our website.
What is open data? Lisa Allen, Head of consultancy for data programmes at The Open Data Institute tells us more in this video. Find out more about Ofwat's #OpenData discussion paper and join the #H2Open conversation on our website.
Ofwat has announced customer bills are proposed to increase on average by £19 over the next 5 years. Feargal Sharkey tells Kate and Ed that 'Ofwat is to blame a...
Ofwat has announced customer bills are proposed to increase on average by £19 over the next 5 years. Feargal Sharkey tells Kate and Ed that 'Ofwat is to blame and should take responsibility.'
But Senior Director for the Price Review at Ofwat Chris Walters says there will be an investment package in water and wastewater services.
Broadcast on 11/07/24
Stream Good Morning Britain live, every weekday from 6am on the ITVX 📲 http://daytimelink.itv.com/WatchGMBYT
Subscribe now for more! http://bit.ly/1NbomQa
Like, follow and subscribe to Good Morning Britain!
The Good Morning Britain YouTube channel delivers you the news that you’re waking up to in the morning. From exclusive interviews with some of the biggest names in politics and showbiz to heartwarming human interest stories and unmissable watch again moments.
Join Susanna Reid, Ed Balls, Kate Garraway, Richard Madeley, Charlotte Hawkins and Sean Fletcher every weekday on ITV from 6am until 9 every weekday!
ITVX: http://daytimelink.itv.com/WatchGMBYT
Website: http://bit.ly/1GsZuha
YouTube: http://bit.ly/1Ecy0g1
Facebook: http://on.fb.me/1HEDRMb
Twitter: http://bit.ly/1xdLqU3
http://www.itv.com
#GMB #ofwat #sewage #waterbills #watertreatment
Ofwat has announced customer bills are proposed to increase on average by £19 over the next 5 years. Feargal Sharkey tells Kate and Ed that 'Ofwat is to blame and should take responsibility.'
But Senior Director for the Price Review at Ofwat Chris Walters says there will be an investment package in water and wastewater services.
Broadcast on 11/07/24
Stream Good Morning Britain live, every weekday from 6am on the ITVX 📲 http://daytimelink.itv.com/WatchGMBYT
Subscribe now for more! http://bit.ly/1NbomQa
Like, follow and subscribe to Good Morning Britain!
The Good Morning Britain YouTube channel delivers you the news that you’re waking up to in the morning. From exclusive interviews with some of the biggest names in politics and showbiz to heartwarming human interest stories and unmissable watch again moments.
Join Susanna Reid, Ed Balls, Kate Garraway, Richard Madeley, Charlotte Hawkins and Sean Fletcher every weekday on ITV from 6am until 9 every weekday!
ITVX: http://daytimelink.itv.com/WatchGMBYT
Website: http://bit.ly/1GsZuha
YouTube: http://bit.ly/1Ecy0g1
Facebook: http://on.fb.me/1HEDRMb
Twitter: http://bit.ly/1xdLqU3
http://www.itv.com
#GMB #ofwat #sewage #waterbills #watertreatment
The joint chief executive of Thames Water has refused to apologise for allowing water companies to increase their debt during her time as chief of Ofwat, the wa...
The joint chief executive of Thames Water has refused to apologise for allowing water companies to increase their debt during her time as chief of Ofwat, the water regulator.
Subscribe to Guardian News on YouTube ► http://bit.ly/guardianwiressub
Cathryn Ross's comments came during a parliamentary committee session with Thames Water bosses as concerns mount over the financial viability of the company. Thames Water has secured £750m of emergency funding from its shareholders but the debt-ridden company warned it would need further funding in the years ahead.
The Guardian publishes independent journalism, made possible by supporters. Contribute to The Guardian today ► https://bit.ly/3uhA7zg
Sign up to the Guardian's free new daily newsletter, First Edition ► http://theguardian.com/first-edition
Website ► https://www.theguardian.com
Facebook ►https://www.facebook.com/theguardian
Twitter ► https://twitter.com/guardian
Instagram ► https://instagram.com/guardian
The Guardian on YouTube:
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Guardian Football ► https://bit.ly/gdnfootballsubs
Guardian Sport ► https://bit.ly/gdnsportsubs
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#Water #ThamesWater #Ofwat #WaterIndustry #UK #News
The joint chief executive of Thames Water has refused to apologise for allowing water companies to increase their debt during her time as chief of Ofwat, the water regulator.
Subscribe to Guardian News on YouTube ► http://bit.ly/guardianwiressub
Cathryn Ross's comments came during a parliamentary committee session with Thames Water bosses as concerns mount over the financial viability of the company. Thames Water has secured £750m of emergency funding from its shareholders but the debt-ridden company warned it would need further funding in the years ahead.
The Guardian publishes independent journalism, made possible by supporters. Contribute to The Guardian today ► https://bit.ly/3uhA7zg
Sign up to the Guardian's free new daily newsletter, First Edition ► http://theguardian.com/first-edition
Website ► https://www.theguardian.com
Facebook ►https://www.facebook.com/theguardian
Twitter ► https://twitter.com/guardian
Instagram ► https://instagram.com/guardian
The Guardian on YouTube:
The Guardian ► https://bit.ly/guardiannewssubs
Guardian Australia ► https://bit.ly/guardianaussubs
Guardian Football ► https://bit.ly/gdnfootballsubs
Guardian Sport ► https://bit.ly/gdnsportsubs
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#Water #ThamesWater #Ofwat #WaterIndustry #UK #News
As the economic regulator of water and wastewater in England and Wales, our role is to enable, incentivise and hold water companies to account for providing the...
As the economic regulator of water and wastewater in England and Wales, our role is to enable, incentivise and hold water companies to account for providing the very best for customers, society and the environment now and in the future. Our Graduates are part of that future! Our jam-packed 2-year Graduate Development Programme provides the opportunity to develop your skills whilst working together to deliver of our ambitious strategy and improving life through water.
Applications are now open until 23.55 on Sunday 13th March 2022.
As the economic regulator of water and wastewater in England and Wales, our role is to enable, incentivise and hold water companies to account for providing the very best for customers, society and the environment now and in the future. Our Graduates are part of that future! Our jam-packed 2-year Graduate Development Programme provides the opportunity to develop your skills whilst working together to deliver of our ambitious strategy and improving life through water.
Applications are now open until 23.55 on Sunday 13th March 2022.
Our fourth instalment of 'Talking on Water' is with Rachel Fletcher, CEO, OFWAT.
British Water is committed to leading the way in collaborative, innovative, f...
Our fourth instalment of 'Talking on Water' is with Rachel Fletcher, CEO, OFWAT.
British Water is committed to leading the way in collaborative, innovative, future thinking. The Thought Leadership Series 'Talking on Water' focuses on drawing out insight and knowledge from Key Influencers in the water industry. The interviews are hosted by British Water CEO, Lila Thompson.
00:45 - Final Determinations
02:05 - Stretching Targets
03:44 - Water Companies & the Challenge of Locality
05:35 - Joint Challenges
06:48 - Funding & the Supply Chain
09:06 - Benchmarking
10:13 - Collaboration & Competitive Tension
12:45 - Innovation
14:25 - Shared Learning
18:15 - Culture Change
18:52 - Better Together
23:21 - Cross Sector Engagement
25:20 - Tomorrow's Global Future
27:54 - The Value of Water
Our fourth instalment of 'Talking on Water' is with Rachel Fletcher, CEO, OFWAT.
British Water is committed to leading the way in collaborative, innovative, future thinking. The Thought Leadership Series 'Talking on Water' focuses on drawing out insight and knowledge from Key Influencers in the water industry. The interviews are hosted by British Water CEO, Lila Thompson.
00:45 - Final Determinations
02:05 - Stretching Targets
03:44 - Water Companies & the Challenge of Locality
05:35 - Joint Challenges
06:48 - Funding & the Supply Chain
09:06 - Benchmarking
10:13 - Collaboration & Competitive Tension
12:45 - Innovation
14:25 - Shared Learning
18:15 - Culture Change
18:52 - Better Together
23:21 - Cross Sector Engagement
25:20 - Tomorrow's Global Future
27:54 - The Value of Water
What does it mean to ‘be Ofwat’? Watch our animation giving a flavour of what it’s like to work in Ofwat, what we expect from our people and what we offer in return.
Water bills in England and Wales are set to rise by an average £94 over the next five years, the water regulator Ofwat has said.
But who will pay for executive bonuses?
Ofwat CEO David Black tells #R4Today and Nick Robinson the organisation's 'focus is on protecting customer interests'.
-------------------------------------------------------------------------------------------------------------------------
Subscribe and 🔔 to BBC Sounds YouTube: https://www.youtube.com/c/bbcsounds?sub_confirmation=1
Listen to the full episode here: https://www.bbc.co.uk/sounds/brand/b006qj9z
Find more episodes of Today here: https://www.bbc.co.uk/sounds/brand/b006qj9z
News playlist: https://youtube.com/playlist?list=PL4Z-TOtZ0iINCsLpZTLaLSW8Ylz8zyIJH&si=2SGC8IuH-93BcLrc
Fresh on BBC Sounds playlist: https://www.youtube.com/playlist?list=PL4Z-TOtZ0iIMjIcANQ9ScCDCmN6PE5GP3
-------------------------------------------------------------------------------------------------------------------------
#Ofwat #Politics #Water
Nick Robinson grills Ofwat CEO over bonus payouts to water company executives | The Today Programme
We are BBC Sounds. The home of binge-worthy podcasts, music curated by music lovers and live radio.
What is open data? Lisa Allen, Head of consultancy for data programmes at The Open Data Institute tells us more in this video. Find out more about Ofwat's #OpenData discussion paper and join the #H2Open conversation on our website.
Ofwat has announced customer bills are proposed to increase on average by £19 over the next 5 years. Feargal Sharkey tells Kate and Ed that 'Ofwat is to blame and should take responsibility.'
But Senior Director for the Price Review at Ofwat Chris Walters says there will be an investment package in water and wastewater services.
Broadcast on 11/07/24
Stream Good Morning Britain live, every weekday from 6am on the ITVX 📲 http://daytimelink.itv.com/WatchGMBYT
Subscribe now for more! http://bit.ly/1NbomQa
Like, follow and subscribe to Good Morning Britain!
The Good Morning Britain YouTube channel delivers you the news that you’re waking up to in the morning. From exclusive interviews with some of the biggest names in politics and showbiz to heartwarming human interest stories and unmissable watch again moments.
Join Susanna Reid, Ed Balls, Kate Garraway, Richard Madeley, Charlotte Hawkins and Sean Fletcher every weekday on ITV from 6am until 9 every weekday!
ITVX: http://daytimelink.itv.com/WatchGMBYT
Website: http://bit.ly/1GsZuha
YouTube: http://bit.ly/1Ecy0g1
Facebook: http://on.fb.me/1HEDRMb
Twitter: http://bit.ly/1xdLqU3
http://www.itv.com
#GMB #ofwat #sewage #waterbills #watertreatment
The joint chief executive of Thames Water has refused to apologise for allowing water companies to increase their debt during her time as chief of Ofwat, the water regulator.
Subscribe to Guardian News on YouTube ► http://bit.ly/guardianwiressub
Cathryn Ross's comments came during a parliamentary committee session with Thames Water bosses as concerns mount over the financial viability of the company. Thames Water has secured £750m of emergency funding from its shareholders but the debt-ridden company warned it would need further funding in the years ahead.
The Guardian publishes independent journalism, made possible by supporters. Contribute to The Guardian today ► https://bit.ly/3uhA7zg
Sign up to the Guardian's free new daily newsletter, First Edition ► http://theguardian.com/first-edition
Website ► https://www.theguardian.com
Facebook ►https://www.facebook.com/theguardian
Twitter ► https://twitter.com/guardian
Instagram ► https://instagram.com/guardian
The Guardian on YouTube:
The Guardian ► https://bit.ly/guardiannewssubs
Guardian Australia ► https://bit.ly/guardianaussubs
Guardian Football ► https://bit.ly/gdnfootballsubs
Guardian Sport ► https://bit.ly/gdnsportsubs
Guardian Live ► https://bit.ly/guardianlivesubs
#Water #ThamesWater #Ofwat #WaterIndustry #UK #News
As the economic regulator of water and wastewater in England and Wales, our role is to enable, incentivise and hold water companies to account for providing the very best for customers, society and the environment now and in the future. Our Graduates are part of that future! Our jam-packed 2-year Graduate Development Programme provides the opportunity to develop your skills whilst working together to deliver of our ambitious strategy and improving life through water.
Applications are now open until 23.55 on Sunday 13th March 2022.
Our fourth instalment of 'Talking on Water' is with Rachel Fletcher, CEO, OFWAT.
British Water is committed to leading the way in collaborative, innovative, future thinking. The Thought Leadership Series 'Talking on Water' focuses on drawing out insight and knowledge from Key Influencers in the water industry. The interviews are hosted by British Water CEO, Lila Thompson.
00:45 - Final Determinations
02:05 - Stretching Targets
03:44 - Water Companies & the Challenge of Locality
05:35 - Joint Challenges
06:48 - Funding & the Supply Chain
09:06 - Benchmarking
10:13 - Collaboration & Competitive Tension
12:45 - Innovation
14:25 - Shared Learning
18:15 - Culture Change
18:52 - Better Together
23:21 - Cross Sector Engagement
25:20 - Tomorrow's Global Future
27:54 - The Value of Water
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 is primarily responsible for setting limits on the prices charged for water and sewerage services, taking into account proposed capital investment schemes (such as building new wastewater treatment works) and expected operational efficiency gains. The most recent review was carried out in 2014; reviews are carried out every five years, and thus the next will take place in 2019.
Ofwat consists of a board, plus an office of staff which carries out work delegated to them by the board.
Ofwat was set up in 1989 at the time when the 10 Water Authorities in England and Wales were privatised by flotation on the stock market. The resulting companies are known as "the water and sewerage companies"; this distinguishes them from around a dozen smaller companies which only provide water services, which were already in private hands in 1989 (having remained in private ownership since their creation in the nineteenth century). The water only companies provide water to around 25% of the population in England and Wales.
High flying, adored So young, the instant queen A rich, beautiful thing Of all the talents Across between A fantasy of the bedroom And a saint You were just a backstreet girl Hustling and fighting Scratching and biting High flying, adored Did you believe In your wildest moments All this would be yours That you'd become The lady of them all? Were there stars in your eyes When you crawled in at night From the bars, from the sidewalks From the gutter-the-atrical? Don't look down It's a long, long way to fall High flying, adored What happens now? Where do you go from here? For someone on top of the world The view is not exactly clear A shame you did it all At twentysix There are no mysteries now Nothing can thrill you No one fulfill you High flying, adored I hope you come to terms with burden So famous, so easily So soon is not the wisest thing to be You won't care if they love you It's been done before You'll despair if they hate you You'll be drained of all energy All the young who've made it Would agree High flying, adored That's good to hear But unimportant My story's quite usual: Local girl makes good Weds famous man I was slap in the right place At the perfect time Filled a gap - I was lucky But one thing I say for me No one else can fill it
Ofwat, the industry regulator, has deemed that Thames’s pay policy for bosses “does not meet all of our minimum expectations” because it does not show how it links bonuses with company performance ... Ofwat’s verdict is diluted yet still realistic.
The Ofwat boss, David Black, has razed several rain forests to justify his “final” verdict for the five-year regulatory period to 2029-30 — stipulating how much the sector can spend on the network and ...
Ofwat’s new powers allow the regulator to step in when water firms fail to demonstrate their executive bonuses are sufficiently linked to company performance.
Ofwat has landed on figures that, for about three-quarters of the companies, represent roughly what they wanted in order to fund regular operations and build new projects ... ....
A frantic merry-go-round of blame is under way as everyone tries to tag someone else for the steep rises that the regulator Ofwat has approved ...Thames Water fined £18m by Ofwat for breaking dividend rules.
Industry regulator Ofwat has announced that water bills are set to rise by an average of £86 from April next year. Southern Water customers are expected to be hit the worst by the hikes, with bills going up 53% by 2030 ... .
In an unprecedented ruling against the company, David Black, the chief executive of the water regulator Ofwat, said. “Ofwat’s £18 million penalty and clawing back the ... Ofwat cuts could risk recovery.
It appears likely that the two most financially distressed water companies — and two of the largest — Thames Water and Southern Water, will refer Ofwat to the CMA by a deadline of February 18 after Thursday’s price settlement ruling.
Britain’s biggest water supplier was yesterday dealt a blow when Ofwat ruled it could charge customers 35 per cent more by 2029 – not the 59 per cent it asked for ... Meanwhile Ofwat fined the debt-laden ...
Household water bills will rise by an average of �94, or 21 per cent, over the next five years after regulator Ofwat signed off steep price hikes ... Ofwat said no in July, and suggested a rise of 21 per cent, to �535.