India  
 
NewsR.in

Government to abolish Ofwat

Video Credit: ODN - Duration: 02:32s - Published
Government to abolish Ofwat

Government to abolish Ofwat

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


You Might Like


💡 newsR Knowledge: Other News Mentions

Steve Reed (politician) Steve Reed (politician) British politician (born 1963)

Ofwat "failed everybody", says Environment Secretary [Video]

Ofwat "failed everybody", says Environment Secretary

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

Credit: ODN    Duration: 00:35Published
‘Promise made, promise delivered’: Govt’s new water rules [Video]

‘Promise made, promise delivered’: Govt’s new water rules

The government has announced new regulations that mean six water companies will be banned from paying bonuses to senior bosses. Environment Secretary Steve Reed also spoke about criminal investigations into water companies and private investment into sewage treatment. Report by Faragt. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:01Published

Ofwat Ofwat Body regulating the UK water and sewerage industry

Ofwat to be swept away on tide of public anger over sewage spills

 Sir Jon Cunliffe's review of the water sector is comprehensive, clear-eyed, and about as radical as allowed by terms of reference that explicitly ruled out..
Sky News

Ofwat could be scrapped in water reforms

 An independent review of the water industry is to recommend sweeping changes to the way the sector is managed, including the potential replacement of Ofwat with..
Sky News

Facebook Facebook Social networking service owned by Meta Platforms

Conservatives 'cautiously' welcome Cunliffe water report [Video]

Conservatives 'cautiously' welcome Cunliffe water report

Shadow environment minister Robbie Moore ''cautiously'' welcomes the Sir Jon Cunliffe’s much-anticipated report by the Independent Water Commission – which makes 88 recommendations including a proposal to bring multiple water regulators together. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:38Published
Govt: Water system is broken [Video]

Govt: Water system is broken

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 from the Independent Water Commission, led by former Bank of England deputy governor Sir Jon Cunliffe, outlines 88 recommendations to the UK and Welsh governments. Water minister Emma Hardy says she cannot guarantee the government will implement all 88 recommendations. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:09Published
Hollinrake: Nationalisation not the answer on sewage [Video]

Hollinrake: Nationalisation not the answer on sewage

Shadow Housing Secretary Kevin Hollinrake rejects calls from across the political spectrum for nationalising water companies. He warns it could force the Chancellor to choose between fixing the sewage system or funding schools and hospitals. Instead, he defends the role of private capital in driving growth, investment, and tax revenue—warning that “every time a company makes profit, somebody wants to take it off them.” Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:17Published