New ‘integrated regulator’ should replace Ofwat and drive ‘fundamental reform’ of the water sector, review finds – business live
Monday, 21 July 2025 () The Independent Water Commission’s final report sets out recommendations for reform to improve the water sector regulatory system in England and Wales One of the Independent Water Commission’s most important recommendations is the creation of a new integrated water regulator for the sector in…
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...
The chair of the Independent Water Commission accuses some water companies of acting in their own private interest rather than that of the public. Speaking at the London Water and Steam Museum where..
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..
The system for regulating water companies should be overhauled and replaced with one body for England and one body for Wales, a landmark review of the sector has advised. The much-anticipated report..