An influential House of Lords committee has called for an overhaul of how the water sector is regulated following accusations of a catalogue of failures by Ofwat and the government over many years. Lord Hollick, who chairs the Industry and Regulators Committee, said investment has fallen far short of what is needed due to a combination of “weak regulation and incompetent government leadership”, while Lord Whitty insisted there was a need to “start again with regulation”.
Lords call for ‘single, powerful regulator’ for water sector
