Ofwat has ‘systematically restricted investment’

Ofwat should be given a new and explicit duty to promote investment, forcing it to strike a balance between short-term bill impacts and long-term needs. This is the plea of the chief executive of the Global Infrastructure Investor Association, who said with inflation expected to remain high for the forseeable future, the financing of the water sector has reached “a tipping point”.

Standard content for Members only

To continue reading this article, please log into your Utility Week Account or subscribe now

Already registered?

Log in

Request a call back