December 23, 2024

Thames closer to end game as UK pays high price for failure of water industry oversight

 Thames closer to end game as UK pays high price for failure of water industry oversight

Thames closer to end game as UK pays high price for failure of water industry oversight

Ofwat’s determination that customer bills must rise 21% on average to keep the water industry afloat amounts to an admission of a torrent of failures; of regulation, of foresight, and the management of regional monopolies that at times appear to be competing only to prove that the 35-year privatisation regime has been a mistake.