Wessex Water's chairman has warned that Ofwat's framework for PR24 could lead to unintended consequences that risk jeopardising net-zero ambitions. Francis Yeoh, head of Wessex's owner YTL, said the price review should be outcome rather than output-based to allow the sector to invest in nature-based solutions at catchment scale.
Wessex chair warns of ‘perverse consequences’ of PR24 framework
