Ofwat probes payments to water bosses after Yorkshire row
Monday, 25 August 2025 () The water industry watchdog is probing payments to the bosses of a string of suppliers following the revelation that Yorkshire Water's offshore parent company had handed its chief executive more than £1m in previously undisclosed fees.
Environment Secretary Steve Reed has confirmed that water regulator Ofwat will be abolished as part of an overhaul of a “broken” regulatory system. Mr Reed pledged to strengthen regulation, clean up the country’s rivers and protect the public from soaring water bills. The Environment Secretary said: "A single, powerful regulator responsible for the entire water sector will stand firmly on the side of customers, investors and the environment and prevent the abuses of the past''. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Environment Secretary Steve Reed says the water regulator Ofwat has “clearly failed everybody,” citing record pollution levels and rising bills. Reed said the government is committed to halving sewage discharges into England and Wales’ waterways by 2030. He called for “a revolution in our water sector” and said a report from Sir John Cunliffe will guide urgent regulatory reform. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Monday, 25 August 2025 ()
The water industry watchdog is probing payments to the bosses of a string of suppliers following the revelation that Yorkshire Water's offshore parent company had handed its chief executive more than £1m in previously undisclosed fees.
![Government to abolish Ofwat [Video]](https://video.newsserve.net/300/v/20250721/1417152918-Government-to-abolish-Ofwat.jpg)
![Ofwat "failed everybody", says Environment Secretary [Video]](https://video.newsserve.net/300/v/20250720/1417088318-Ofwat-failed-everybody-says-Environment-Secretary.jpg)
