Ofwat continues to peddle five-year cycle

The UK regulator has set the scene for its future approach to water regulation. How will it reconcile long-term investment needs with a five-year price review cycle?

Earlier this month, UK water regulator Ofwat set the scene for its future approach to water regulation in a briefing presented by chairman Philip Fletcher and new chief executive Regina Finn, who took up her post in October.

Fletcher warned the industry and investors not to assume that Ofwat would reach similar conclusions on the cost of capital or on ...

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