Ofwat’s Olympic battle

Ofwat is concerned about competition in the UK water sector. While there is support from some quarters, many remain sceptical about the benefits.

Ofwat has made its strongest commitment yet to impose competition on the UK water sector, as chairman Philip Fletcher outlined the regulator’s latest proposals on the subject to City investors and analysts this month.

Re-iterating the fact that none of the 2,200 large users eligible to switch supplier under the current water supply licensing regime have done so ...

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